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Sadra Medical  Acquired by Boston Scientific (2010 $ 225,000,000 )

160 Knowles Drive
Los Gatos, CA 95032
Website Company Summary Management Team

CEO: Ken Martin (08/31/2007)
Finance: Jon Bohane (7/31/2010)

Outside board: (May no longer be on the board) Fred Khosravi (AccessClosure President/CEO) Charles E Larsen (Accuitive Medical Ventures Managing Director) Jeffrey Lightcap (HealthCor Partners Sr. Managing Director) David Milne (SV Life Sciences Advisers)
Advisory board: Leslie Bottorff (Onset Ventures) Marc-Henri Galletti (Longitude Capital Former Managing Director) Jay Brumfield (Advanced Stent Technologies Former CEO)

Business description: Sadra Medical is dedicated to developing innovative new therapies for the treatment of aortic valve disease. By developing minimally invasive alternatives to traditional surgical valve replacement, the company seeks to help improve patient care and make valve replacement possible for broader range of patients. Treatment of aortic valve disease remains a significant and growing unmet clinical need. As many as 3 million people in U.S. have aortic valve stenosis; however, only a small percentage of those are treated with the current standard of care, valve replacement during open-heart surgery using cardiopulmonary bypass. By developing a highly effective aortic valve replacement that is designed to reduce the risks and morbidity associated with open surgical valve replacement, Sadra Medical seeks to provide a therapeutic option for patients who are not being treated today.

Rounds: 4
Recent Fundings: Oct 2010   May 2009
Capital raised: 62.6M
Last Round: 4.0M
Ownership: Acquired by Boston Scientific (2010 $ 225,000,000 )
VCs include: Onset VenturesPequot Ventures (FirstMark Capital);  Schroder Ventures;  Yellowstone Capital;  Accuitive Medical Ventures SV Life Sciences;  Finistere;  FirstMark Capital;  Oakwood
Corporate investors: Boston Scientific

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Record updated: Nov 2010
Sector: Medical
Year Founded: 2003
Rounds: 4
Recent Fundings: Oct 2010   May 2009
Capital Raised: 62.6M
Last Round: 4.0M
Ownership: Acquired by Boston Scientific (2010 $ 225,000,000 )