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ACQUIRED COMPANY
 
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FlowMedica  Acquired by AngioDynamics (2009 $ 1,750,000 )

46563 Fremont Blvd
Fremont, CA 94538
USA
(510)-252-9500
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Omar Amirana (Oxford Bioscience Partners) Martien Van Osch (ABN AMRO Capital)
Advisory board: Dan Burkhoff (Columbia University);  Eberhard Grube (Siegburg Heart Center);  Martin Leon (Presbyterian Hospital);  Paul Spence (Jewish Hospital);  Paul Teirstein (Scripps Clinic)
Former outside board: Jeff Barnes (Oxford Bioscience Partners);  Yuval Binur (Medica Venture Partners & Accelerated Technologies);  Rick Geoffrion (Accelerated Technologies CEO);  Roger Kitterman (Mi3 Venture Partners);  Philip K Hopper (LuMend President/CEO);  David Mauney (De Novo Ventures Managing Director) Joon Yun (Palo Alto Investors Partner)
Former advisory board: Donald Baim (Brigham & Women’s Hospital);  Peter Fitzgerald (Stanford University Medical Center)
Company

Business description: FlowMedica was founded to address a critical and underserved clinical need: renal protection and recovery. Intended for use in patients with established renal injury or who are at risk for such injury in a variety of medical settings, FlowMedica’s proprietary infusion systems will target renal therapeutics directly to the kidneys, thereby minimizing the potentially harmful systemic effects of renoprotective agents. The Company’s initial efforts are dedicated to the development of an innovative system to prevent radiocontrast nephropathy. The system is designed to provide renal protection from radiographic contrast media administered during coronary interventional (stent, angioplasty, atherectomy) and diagnostic procedures. The FlowMedica Renal Infusion System is not currently available commercially, but the Company is in the process of conducting Phase I human clinical trials. FlowMedica welcomes contact from potential clinical investigators and investors.
Capital

Rounds: 4
Recent Fundings: Nov 2005   Sep 2004
Capital raised: 30.3M
Last Round: 15.0M
Ownership: Acquired by AngioDynamics (2009 $ 1,750,000 )
VCs include: De Novo VenturesABN AMRO CapitalOxford Bioscience Partners;  Medica Venture Partners;  Medical Imaging InnovationAndInvestments, L.P.;  Mi3 Venture Partners

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Overview
Record updated: Jan 2009
Sector: Medical
Year Founded: 2002
Headcount: 11-25 as of Apr 2005
Rounds: 4
Recent Fundings: Nov 2005   Sep 2004
Capital Raised: 30.3M
Last Round: 15.0M
Ownership: Acquired by AngioDynamics (2009 $ 1,750,000 )