ReCor Medical

ReCor Medical

A medical device company specialized in the treatment of hypertension. Learn more
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DateInvestorsAmountRound

$15.0m

Series D

$15.0m

Series D
N/A

$10.0m

Debt
*

N/A

Acquisition
Total FundingCAD40.9m

Recent News about ReCor Medical

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ReCor Medical is a pioneering company in the healthcare sector, specifically targeting the treatment of hypertension, a condition affecting over 1 billion people worldwide. The company has developed a unique therapeutic system known as the Paradise System, which uses non-focused ultrasound technology to perform renal denervation. This innovative approach aims to reduce high blood pressure by targeting the nerves in the kidneys, which play a crucial role in regulating blood pressure.

ReCor Medical primarily serves patients suffering from hypertension, particularly those who have not responded well to traditional antihypertensive medications. The company operates in the global healthcare market, with a strong focus on clinical research and development to validate the effectiveness and safety of its technology.

The business model of ReCor Medical revolves around the development, clinical testing, and commercialization of its renal denervation system. The company generates revenue through the sale of its medical devices and potentially through partnerships with healthcare providers and institutions. Additionally, ReCor Medical is actively involved in clinical trials, such as the RADIANCE Global Program, which is an international, multicenter initiative designed to explore the benefits of renal denervation in treating hypertension. These trials are crucial for gaining regulatory approvals and demonstrating the efficacy of their technology to the medical community.

In summary, ReCor Medical is at the forefront of innovative hypertension treatment, leveraging advanced ultrasound technology to offer a new solution for patients with high blood pressure. The company's commitment to rigorous clinical research and its focus on a significant global health issue position it as a key player in the medical device industry.

Keywords: Hypertension, Renal Denervation, Ultrasound Technology, Medical Devices, Clinical Trials, RADIANCE Program, Blood Pressure, Healthcare, Innovation, Global Market.

Tech stack

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