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Silk Road Medical

Sunnyvale, California, United Statessilkroadmed.com ↗

Ownership: Public · SILK
Employees: ~450
Development stage: Commercial

Overview

The TCAR system developed by Silk Road Medical received FDA approval in 2015 and has demonstrated reduced risk of stroke and complications compared to traditional open surgery for carotid revascularization. It remains the only commercially available device for this minimally invasive procedure. Clinical studies support its safety and efficacy for patients at risk of stroke due to carotid artery disease.

Therapeutic areas: Cardiovascular
Modalities: DeviceNon-pharmacological therapy (minimally invasive vascular intervention)
Industry: Surgical Medical Devices

Drug pipeline

5 assets

ENROUTE Transcarotid Neuroprotection System

Commercial

Indications: Carotid artery disease

4 more assets in the full pipeline.

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Partnerships

No major disclosed pharma or biotech partnerships; primary relationship will be with Boston Scientific post-acquisition.

Financials

Market cap: $1.1B
Total revenue: $51.2M
Enterprise value: $1B

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