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ACQUIRED COMPANY
 
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Adiana  Acquired by Cytec (2007 $ 215,000,000 )

2684 Middlefield Road #A
Redwood City, CA 94063
USA
(650)-307-7980
Website Company Summary Management Team
Management

Former Employees: Colonel Colborne Peter Breining
Board

Outside board: (May no longer be on the board) Jonathan J. MacQuitty (Abingworth Management Partner) Douglas E. Kelly (Alloy Ventures Partner)
Company

Business description: Adiana develops a proprietary devices for sterilization in women. Adiana aims to improve the most popular method of female sterilization--tubal ligation--with a device that can be used in a doctor's office, to perform the procedure less invasively. A catheter guided through the vagina on up into the fallopian tubes will give a short dose of radiofrequency to ablate the cells lining the tube, and a small spongy matrix will be left behind. The energy-induced injury will prompt tissue ingrowth into the matrix, so that healthy tissue will permanently block the tubes. Adiana is a product by Cytec, now Hologic (HOLX).
Capital

Rounds: 4
Capital raised: 56.0M
Last Round: 23.0M
Ownership: Acquired by Cytec (2007 $ 215,000,000 )

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Overview
Record updated: Aug 2010
Sector: Medical
Year Founded: 1997
Rounds: 4
Capital Raised: 56.0M
Last Round: 23.0M
Ownership: Acquired by Cytec (2007 $ 215,000,000 )