CardioKinetix

About:

CardioKinetix is a medical device company offering the Parachutem, a catheter-based treatment for heart failure.

Website: http://www.cardiokinetix.com

Top Investors: U.S. Venture Partners, SV Health Investors, Lexington Partners, New Leaf Venture Partners, Tekla Capital Management

Description:

The Company, based in Menlo Park, has developed a novel transcatheter implant called the PARACHUTETM Ventricular Partitioning Device (PARACHUTETM). The PARACHUTETM intends to treat heart failure resulting from a heart attack or myocardial infarction in millions of patients worldwide by improving overall cardiac function.