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VC-funded Company:

Svelte Medical Systems
PO Box 596
675 Central Avenue, Suite 2
New Providence, NJ 07974
Phone: 908-264-2194

The Svelte IDS and RX platforms utilize low-compliant balloon material and proprietary Balloon Control Bands (BCBs) which control balloon growth during stent expansion and allow multiple, safe post-dilatations to minimize procedure time and cost. Both platforms also employ a new class of bioresorbable drug carrier composed of naturally-occurring amino acids (PEAs) which provides high mechanical integrity and elicits reduced inflammatory response compared with competitive (PLGA) technologies.

Key Contact
Name
Jack Darby
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
11/16/13 $22,000,000 CNF Investments
New Science Ventures
undisclosed
03/10/14 $5,000,000 West Health Investment Fund
undisclosed


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