April 19, 2014 11:41 PM ET

Healthcare Equipment and Supplies

Company Overview of 480 Biomedical, Inc.

Company Overview

480 Biomedical, Inc. focuses on the development of a bioresorbable scaffold for treating occlusive disease in the superficial femoral artery (SFA). Its lead product, SFA scaffold, is a proprietary scaffold and delivery system for use in treating peripheral arterial disease in the SFA. The company was founded in 2011 and is based in Watertown, Massachusetts.

480 Arsenal Street

Watertown, MA 02172

United States

Founded in 2011

Phone:

617-393-4600

Key Executives for 480 Biomedical, Inc.

Chief Executive Officer and Member of The Board of Directors
Age: 65
Co-Founder and Chairman of The Board
Co-Founder and Member of The Board of Directors
Age: 74
Co-Founder and Member of The Board of Directors
Age: 64
Vice President of Operations
Compensation as of Fiscal Year 2013.

480 Biomedical, Inc. Key Developments

480 Biomedical, Inc. Raises $5.07 Million in Private Offering of Debt

480 Biomedical, Inc., raised $5.07 million out of planned $6 million in a private offering of debt.

480 Biomedical, Inc. Announces Initial Observations from OCT Sub-Study of the STANCE Trial

480 Biomedical, Inc. announced that the first twenty-five patients enrolled in its STANCE trial have been successfully implanted with the company's fully self-expanding, bioresorbable scaffold. Dr. Andrew Holden presented data highlighting the STANCE trial's pioneering use of Optical Coherence Tomography (OCT) to prospectively evaluate the performance of 480 Biomedical's Stanza SFA scaffold. The presentation was delivered at the Late-Breaking Clinical Trials session of the 10th Annual Vascular InterVentional Advances (VIVA) Meeting.

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