Company intelligence / Profile preview

Lumen Biomedical

Maple Grove, Minnesota, United Statesbiospace.com ↗

Ownership: Private
Employees: ~15
Development stage: Commercial

Overview

Lumen Biomedical developed and commercialized interventional medical devices for embolic protection and thrombus removal. Its main products were the FiberNet Embolic Protection System for use during endovascular interventions such as carotid stenting, and the Xtract thrombus aspiration catheter for acute myocardial infarction. The company received FDA clearance for its devices but faced financial challenges, leading to the sale of its Xtract product line to Volcano Corporation in 2010. The company's current operational status is unclear but it appears inactive or defunct as an independent entity.

Therapeutic areas: Cardiovascular
Modalities: Device
Industry: Therapeutic Medical Devices

Drug pipeline

2 assets

LBI Embolectomy System

Commercial

Indications: Peripheral artery disease

1 more asset in the full pipeline.

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Partnerships

Invatec – worldwide distribution agreement for FiberNet systemVolcano Corporation – exclusive global distributor then acquirer of Xtract catheter

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