Thermedical
Manufacturing · Massachusetts, United States · 11-50 Employees
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Overview
Headquarters
150 Bear Hill Rd, Waltham, Massachusetts...Phone Number
(781) 373-3688Website
www.thermedical.comRevenue
$5.4 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Thermedical
Thermedical is a private medical device company focused on developing a proprietary thermal ablation therapy that utilizes Saline-Enhanced Radio Frequency (SERF) energy to treat larger tissue volumes than conventional tools. The company primarily targets the treatment and cure of Ventricular Tachycardia (VT) and various soft tissue conditions, including tumors in the liver, kidney, lung, and uterus. Their Thermedical Ablation System is designed to create durable lesions and aims to improve procedural safety and efficiency. While the system is 510(k) cleared for certain soft tissue procedures, its use for VT treatment remains investigational and not yet approved for market sale.Explore more
Thermedical Org Chart
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Thermedical is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Thermedical financials insights
Gather financial insights about Thermedical, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2013
Unspecified
$1.5M
Unspecified
$5.5M
2014
Private Equity
$4M
2016
Private Equity
$3.5M
2017
Private Equity
$3M
Private Equity
$2.3M
2020
Debt
$150K
2021
Debt
$202K
2023
Grant
$3M
Thermedical Tech Stack
A closer look at the technologies used by Thermedical
Most Recent Scoops
Funding
Project
Spending/Investment
Funding
Funding
Thermedical has received an SBA PPP loan in the amount of $202,542 from Bank of America resulting in the retention of 11 jobs.
Funding
Thermedical News & Media
Thermedical Awarded $3 Million NIH Grant to Study Promising Treatment for Ventricular Tachycardia, a Leading Cause of Sudden Cardiac Death
WALTHAM, Mass.--(BUSINESS WIRE)-- #CardiacAblation--Thermedical®, a developer of thermal-ablation systems to treat ventricular arrhythmias, announced today it has received $3 million in grant funding (1R44HL169112) from the National Heart, Lung, and Blood Institute, a part of the National Institutes of Health, to fund its FDA-approved clinical trial at seven centers in the U.S. and Canada using the SERF Ablation System with the Durablate® Catheter to treat ventricular tachycardia (VT). VT is anThermedical Announces FDA Approval of Clinical Trial for SERF Ablation to Treat Patients with Ventricular Tachycardia, Leading Cause of Sudden Cardiac Death
WALTHAM, Mass.--(BUSINESS WIRE)-- #CardiacAblation--Thermedical received FDA approval for a clinical trial to evaluate the SERF ablation system to treat patients with ventricular tachycardia.FDA and Health Canada Approve Thermedical’s Degassed Saline to Help Reduce Risk of Stroke
MONTREAL & WALTHAM, Mass.--(BUSINESS WIRE)-- #CardiacAblation--Thermedical receives approval from the US FDA and Health Canada for its degassed saline for use with the SERF ablation system and Durablate catheter.
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Thermedical is a private medical device company focused on developing a proprietary thermal ablation therapy that utilizes Saline-Enhanced Radio Frequency (SERF) energy to treat larger tissue volumes than conventional tools. The company primarily targets the treatment and cure of Ventricular Tachycardia (VT) and various soft tissue conditions, incl... Read More
