a year ago
Oxford Endovascular Secures £8M to Advance Brain Aneurysm Treatment Device
Oxford Endovascular, a UK-based medtech startup, has raised £8 million in Series A funding to advance its brain aneurysm treatment technology
The company's device, OXIFLOW, diverts blood flow away from intracranial aneurysms at risk of rupture
The funding will be used for further product development and clinical trials
OXIFLOW is designed to be more accurate and reliable than conventional flow-diverters, reducing the risk of complications associated with current treatments.
ProblemHealthcare
"Brain aneurysms are a serious medical condition that can lead to life-threatening bleeding in the brain. Existing treatments for aneurysms are not always effective and can have serious side effects. "
Solution
"OXIFLOW is a flow-diverter stent that is designed to divert blood flow away from aneurysms, reducing the risk of rupture. The device is made from a special metal alloy that allows it to be positioned and opened more accurately than existing devices. "