Asthmatx
Mountain View, CA

Invested: December 2005


Asthmatx has developed and patented a radiofrequency catheter and controller for reducing the amount of airway smooth muscle tissue in the lungs of asthma patients. This procedure improves the pulmonary function of moderate and severe asthmatics. Over 13 million adults in the U.S. suffer from asthma, roughly 10% or 1.3 million have been diagnosed with severe asthma.

www.asthmatx.com

Hansen Medical
Mountain View, CA
Invested: November 2005
Nasdaq: HNSN

Hansen has developed a robotic catheter control system for precise catheter navigation and control within the chambers of the heart. The first application of the Hansen robotic system will be to enable the RF ablation of atrial fibrillation (AF) arrhythmias in the left atrium. There are 2.2 million US patients suffering from AF with an annual incidence of 160K patients. Drug therapy is inadequate, open surgical procedures have high morbidity rates, and unguided catheter ablation lacks efficacy. Hansen’s robotic technology provides precise guidance and control of the RF ablation catheter thereby enabling more effective and less time consuming AF procedures. Hansen’s robotic system will be applied to other cardiac procedures in the future.

www.hansenmedical.com
 

Peptimmune
Cambridge, MA
Invested: March 2003

Peptimmune is a biotechnology company which develops specific immunotherapies for the treatment of autoimmune and allergic diseases. The company is using its knowledge of the molecular details of immune cell regulation to create a new generation of potentially safer and more effective drugs for immune disorders.

www.peptimmune.com
 

Vesalius Ventures
Houston, TX
Invested: June 2002

Vesalius Ventures is a telemedicine accelerator formed by former NASA astronaut and physician Bernard Harris. During its three-year charter, Vesalius will identify business opportunities from throughout the fields of telemedicine, medical informatics, and technology for the purpose of delivering health care. Vesalius will arrange initial financing and provide start-up management talent to nurture young portfolio companies and bring them to market faster... "Accelerating the future of Medicine".

www.vesaliusventures.com
 

BioSeek
Burlingame, CA
Invested: January 2002

Bioseek is a provider of postgenomic target validation and drug development. The company addresses the need for more efficient and predictive drug discovery technologies and is focused on applying its proprietary technologies to the identification, validation, and commercialization of therapeutic targets and pharmaceuticals.  Bioseek's initial customers/partners will be biotechnology and pharmaceutical companies.

www.bioseekinc.com
 

Xeotron
Houston, TX
Invested: May 2001
Acquired by Invitrogen

Xeotron is a developer and manufacturer of platform independent, high-performance biochips. The company's advanced chips set new standards because they are free of the problems of expense, time, and versatility experienced by users of chips made by other companies. Customers include biology and pharmaceutical research institutions and corporations.

www.invitrogen.com
 

Phormax
Sunnyvale, CA
Invested: December 2000
Acquired by Alara

Phormax develops high-performance, cost-effective, computed radiography imaging systems. These products enable ease of access to images and improve communications between providers, resulting in improved efficiencies, faster access to diagnoses, fewer lost films, and improved patient care. Target customers include hospitals, outpatient imaging centers, surgery centers, and rehabilitation centers, private physician offices, clinics, and the military.

www.alara.com
 

TissueLink Medical
Dover, NH
Invested: August 1999

TissueLink Medical is a developer and distributor of innovative medical devices that are transforming current surgical procedures. The company’s technology eliminates the need for multiple technologies with the potential to reduce operating room and patient recovery time by enabling precise coagulation and cutting, with no excess damage to tissue. These devices will be used in general and thoracic surgical procedures.

www.tissuelink.com
 

Artemis Medical
Hayward, CA

Invested: July 1999
Acquired by Johnson & Johnson
NYSE: JNJ


Artemis Medical designs and develops innovative medical devices to improve earlier diagnosis and treatment of cancer. Its technologies provide physicians minimally-invasive alternatives to open surgical techniques used in cancer surgery today. These products will serve the needs of patients, physicians, and healthcare payers.

www.artemismedical.com
 

Back to Top

Kodiak Technologies
Houston, TX
Invested: June 1999

Kodiak Technologies is a developer and distributor of innovative and technologically advanced shipping containers used in the delivery of temperature sensitive products. The company offers a turnkey solution including a full-service logistics management service and a web-enabled information system that allows for 24x7 ordering, shipment tracking and temperature monitoring. The products are used in commercial, industrial, and medical markets.

www.kodiaktech.com
 

Eunoe (formerly CS Fluids)
Pleasanton, CA
Invested: October 1998
Acquired by Integra Life Sciences

Eunoe has developed and is testing a pioneering, device-based treatment for Alzheimer's disease. The device is a cerebrospinal fluid shunt that is believed to facilitate the clearance of neurotoxins that may be significant in the progression of Alzheimer's disease. The principal market consists of the 27 million patients worldwide with Alzheimer’s disease.

www.integra-ls.com
 

Sontra Medical
Cambridge, MA
Invested: September 1998
NasdaqSC: SONT.PK
Acquired by Echo Therapeutics

Sontra Medical, Inc. is medical device company developing ultrasound-powered methods for transdermal drug delivery of large molecules and diagnostics. The system is being designed to provide a convenient and painless method of enhancing transport of molecules through human skin. Initial areas of application are transdermal delivery of large molecules for such applications as diabetes, hormone therapy, pain controls, etc., non-evasive testing of blood analytes such as glucose for diabetes control is also possible. insulin for patients with diabetes. The worldwide market is comprised of approximately 125 million individuals.

www.echotx.com
 

HemoSense
Milpitas, CA
Invested: November 1997

HemoSense develops portable, handheld analyzers that test the clotting time of whole blood via Prothrombin Time (PT) measurement. These analyzers consist of a low-cost meter and disposable test strips that can be used at home as well as in a physician’s office or clinic setting. They offer a convenient and cost-efficient self-testing solution for patients taking anti-coagulants. The company will target physicians’ offices and anticoagulation clinics.

www.hemosense.com
 

Back to Top

EndoVasix
Belmont, CA
Invested: October 1996

Endovasix is a developer of a proprietary technology used to treat acute cerebral arterial clots that cause strokes. Its initial offering is a technology that breaks apart an acute clot in a more effective fashion than thrombolytic drugs, and that can be used adjunctively with a wide array of interventional cardiology and radiology procedures. The target market includes Vascular Neurologists, Interventional Radiologists, NeuroRadiologists, and Cardiologists and Endovascular Surgeons and Neurosurgeons who treat patients who have experienced an occlusive stroke, coronary artery disease, or a peripheral stroke.

 

CryoGen
San Diego, CA
Invested: October 1995
Acquired by American Medical Systems
NasdaqNM:AMMD

Cryogen is the developer and provider of a cost-effective cryotherapy device and system to treat excessive uterine bleeding. The company's initial product is designed to reduce or eliminate the symptoms associated with excessive menstrual bleeding and to provide an alternative to hysterectomy. This is accomplished by using cryoablation which freezes and destroys tissue at extremely low temperatures. The customers include gynecologists, surgery centers, and hospitals.

www.americanmedicalsystems.com
 

Myelos Corporation
San Diego, CA
Invested: May 1995
Acquired by Savient Pharmaceuticals
NasdaqNM: SVNT

Myelos has developed peptide-based therapeutics for nervous system disorders. These small peptides are far more cost-effective to manufacture than full-length recombinant proteins and may be engineered as mimetics to enhance drug efficacy, stability and bioavailability. The target market are physicians treating patients with pain syndromes and a broad range of peripheral neuropathies, including those associated with diabetes, chemotherapy, and nerve injury.

www.savientpharma.com
 

CardioGenesis
Foothill Ranch, CA
Invested: November 1993
Acquired by Eclipse Surgical
Nasdaq: CGCP.PK

CardioGenesis is the leader in transmycardioal revascularization. This novel minimally-invasive laser based technology offers an option for patients who are not candidates for open heart bypass surgery or percutaneous transluminal coronary angioplasty (PTCA) as it does not rely on re-establishing blood flow through the coronary arteries by conventional means such as coronary artery bypass surgery CABG) or PTCA. There are approximately 30,000 patients who could be candidates for TMR.


www.cardiogenesis.com
 

Back to Top

Indigo Medical
Palo Alto, CA
Invested: October 1991
Acquired by Johnson & Johnson
NYSE: JNJ

Indigo Medical is a producer of devices for the urology market. The devices are minimally or non-invasive and allow Benign Prostatic Hyperplasia treatment to take place in a private office setting as opposed to a hospital or an ambulatory surgical center, thereby reducing the costs of treatment.

www.jnj.com
 

EndoSonics
Sweden
Invested: October 1984
Acquired by Jomed

EndoSonics is an intraluminal ultrasound technology used for visual imaging in artery functions. Its products enhance the effectiveness of the diagnosis and treatment of cardiovascular disease by aiding cardiologists in identifying diseased arteries, selecting proper treatment, positioning a therapeutic device, treating diseased sites, and assessing results of treatment.

www.jomed.com
 

Mycogen
Indianapolis, IN
Invested: January 1983
Acquired by Dow Chemical
NYSE: DOW

Mycogen develops biopesticide products using biotechnology and genetic engineering techniques. The company's products are based on microorganisms such as fungi and bacteria which have specific toxic activity against target weeds and insects and are not harmful to closely related plant species or beneficial insects. The company targets chemical and agricultural industries.

www.dowagro.com/mycogen
 

EndoTherapeutics
Norwalk, CT
Invested: October 1984
Acquired by U.S. Surgical/Tyco
NYSE: TYC

Endo Therapeutics is a producer of in vivo therapeutic systems and surgical instruments. Included in its product offerings is the disposable trocar for laparoscopy procedures, a port of entry device which allows a telescope to be inserted into the abdomen.

www.ussurg.com
 

Back to Top

about vanguard | team | portfolio | for entrepreneurs | news | contact us
Copyright © 2002 Vanguard Ventures