Cleveland Clinic Spin-Off Companies


ART
ART SARL (Arterial Remodeling Technologies)

Technology: Biodegradable polymeric stent. Joint development of CCF and Centre National de la Recherche Scientifique, The University of Montpellier, and University Rene Descartes.
Year established: 2002
Stage: Series B (post)
Location: France
http://www.art-stent.com/


Autonomic Technologies
Autonomic Technologies

Technology: Autonomic nervous system stimulation for pulmonary and headache disorders.
Year established: 2007
Stage: Series B (post)
Location: Palo Alto / Cleveland

http://www.autonomictechnologies.com


Axiomed Spine Corporation

Technology: Axiomed is developing the next generation of artificial lumbar disc replacement technology. Although the Company was not founded based on the Cleveland Clinic Technology, Drs. Benzel and Lieberman have been instrumental in helping the Company to refine its technology.
Year established: 2001
Stage: Series C (post)
Location: Cleveland
http://www.axiomed.com

Contact Pat McBrayer for more information: PMcBrayer @ axiomed.com


CardioMEMS
CardioMEMS

Technology: Implantable wireless pressure sensors.
Year established: 2000
Stage: Series E (post)
Location: Atlanta
http://www.cardiomems.com


CardioNomic

Technology: Neurostimulation for cardiac contractility.
Year established: 2007
Stage: Pre-Series A
Location: Cleveland

Contact Shannon Schuetz for more information: schuets @ ccf.org


Clear Catheter Systems
Clear Catheter Systems

Technology: Advanced anti-clogging drainage systems.
Year established: 2007
Stage: Pre-Series A
Location: Cleveland
http://www.clearcatheter.com

Contact Ed Boyle, M.D. for more information: emb @ pleuraflow.com

Cleveland Heart Cleveland Heart

Technology: Artificial heart technologies
Year established: 2008
Stage: Pre-Series A
Location: Cleveland

Contact Franz Kellar for more information: : fkellar @ cleveland-heart.com

Cleveland Heart Lab

Cleveland HeartLab, LLC

Technology: Cardiovascular diagnostics and specialty reference lab
Year established: 2009
Stage: Series A (post)
Location: Cleveland
http://clevelandheartlab.com

Contact Jacob Orville for more information: : jorville @ clevelandheartlab.com

CleveX

CleveX

Technology: Tissue excision and closure device
Year established: 2004
Stage: Series B (post)
Location: Columbus
http://www.clevex.com


Congruent Medical

Technology: Novel compliant balloon platform technology
Year established: 2008
Stage: Pre-Series A
Location: Cleveland

Contact Sam Kiderman for more information: kiderms @ ccf.org

explorys

Explorys

Technology: Patient database / EMR technology
Year established: 2009
Stage: Series A
Location: Cleveland

http://www.explorys.net

Contact Stephen Mchale for more information: stephen.mchale @ explorysmedical.com


ImageIQ

Technology: Custom Image-Based Analytics for Healthcare, Legal and Biotechnology
Year established: 2011
Stage: Pre-Series A
Location: Cleveland

http://www.image-iq.com

Contact Tim Kulbago for more information: tkulbago@imgiq.com

AcelleRX

Juventas Therapeutics

Technology: Biopharmaceuticals that recruit stem cells to repair ischemic tissue.
Year established: 2006
Stage: Pre-Series B
Location: Cleveland

http://www.juventasinc.com

Contact Rahul Aras, Ph.D. for more information: rahul @ juventasinc.com


Merlot Merlot Orthopedix

Technology: Bone anchorage systems.
Year established: 2004
Stage: Pre-Series A
Location: Cleveland
http://www.merlotorthopedix.com/

Contact Jennifer Boland for more information: bolandj @ ccf.org

   
NaviGate Cardiac Structures

NaviGate Cardiac Structures

Technology: Transcatheter Mitral Valve
Year established: 2011
Stage: Pre-Series A
Location: Cleveland

Navis Medical

Navis Medical
Technology: Steerable guidewire technology.
Year established: 2007
Stage: Pre-Series A
Location: Cleveland

Contact Jennifer Boland for more information: bolandj @ ccf.org

   
OptoQuest
optoquest
OptoQuest

Technology: Diagnosis and therapeutic ophthalmic devices
Year established: 2008
Stage: Pre-Seed
Location: Cleveland

Contact Neema Mayhugh, Ph.D. for more information: mayhughn @ ccf.org


Perfusion Solutions
Perfusion Solutions

Technology: Heart Pumps
Year established: 2008
Stage: Pre-Series A
Location: Cleveland

Contact Stephan Weber for more information: sweber @ perfsolinc.com


PeriTec
PeriTec Biosciences

Technology: Peritoneum lined peripheral vascular products .
Year established:2002
Stage: Pre-Series B
Location: Cleveland

Contact Timur Sarac, M.D. for more information: saract @ccf.org


Renovo
Renovo Neural

Technology: Multiple sclerosis therapies
Year established: 2008

Stage: Pre-Series A
Location: Cleveland

http://www.renovoneural.com

Contact Satish Medicetty for more information: smedicetty@renovoneural.com

SironRX

SironRX Therapeutics

Technology: wound repair
Year established: 2010
Stage: Pre-Series A

Location: Cleveland

http://www.sironrx.com

Contact Rahul Aras, Ph.D. for more information: rahul@sironrx.com

 

Sivan, Inc.

Sivan, Inc.

Technology: Steerable guidewire technology
Year established: 2010
Stage: Pre-Series A

Location: Cleveland

Contact Jennifer Boland for more information: bolandj @ ccf.org

Tolera Therapeutics
Tolera Therapeutics

Technology: Immune modulation via novel therapies.
Year established: 2006
Stage: Series B (post)
Location: Cleveland
http://www.tolera.com

Contact John Puisis for more information: jpuisis @ tolera.com


ValveXchange
ValveXchange

Technology: Two-part heart valve including an exchangeable bioprosthetic tissue leaflet set.
Year established: 2001
Stage: Pre-Series A
Location: Colorado
http://www.valvexchange.com

Contact Larry Blankenship for more information: lblankenship @ valvexchange.com

YouDocs Beauty

YouDocs Beauty

Technology: Social media site for medical, chemical and psychological aspects of human beauty, style and attraction
Year established: 2010
Stage: Series A (post)
Location: Cleveland

ZIN Medical ZIN Medical

Technology: Remote, wireless patient monitoring system.
Year established: 2006
Stage: Pre-Series A
Location: Cleveland

Contact Jennifer Boland for more information: bolandj @ ccf.org


Exits


Cleveland BioLabs
Cleveland BioLabs

Technology: Therapeutics for cancer treatment and protection of normal tissues from radiation.
Year established: 2003
Stage: NASDAQ
Location: Buffalo
http://www.cbiolabs.com


intelect
IntElect Medical

Technology: GUIDE DBS software application (developed by Cleveland Clinic Lerner Research Institute staff)

Year established:  2004

Stage:  Acquired 2011 by Boston Scientific for $78 million
http://www.intelectmedical.com

Revasc

Revasc

Technology: Temporary Endovascular Bypass with Distal Filter
Year acquired: 2011 by Micrus Endovascular; which was subsequently acquired by J&J in 2010