April 16, 2014 2:36 AM ET

Healthcare Equipment and Supplies

Company Overview of InfraReDx, Inc.

Company Overview

InfraReDx, Inc., a medical device company, develops and commercializes cardiovascular diagnostic imaging technologies for the diagnosis and treatment of coronary artery disease. It offers LipiScan IVUS coronary imaging system that combines near-infrared spectroscopy and intravascular ultrasound technologies to visualize and characterize the intracoronary lipid core plaques suspected of causing various heart attacks. The company was founded in 1998 and is based in Burlington, Massachusetts.

34 Third Avenue

Burlington, MA 01803

United States

Founded in 1998

Phone:

781-221-0053

Fax:

781-272-5290

Key Executives for InfraReDx, Inc.

Chief Executive Officer and President
Age: 67
Chief Financial Officer
Chief Operating Officer
Chief Business Officer
Age: 65
Compensation as of Fiscal Year 2013.

InfraReDx, Inc. Key Developments

GE Capital and Healthcare Financial Services Increase Existing Credit Facility for InfraReDx, Inc. to $20 Million

GE Capital and Healthcare Financial Services announced that it has amended its existing $6.6 million senior secured credit facility to InfraReDx, Inc. to provide an additional $13.4 million multi-draw term loan facility, and to modify the terms of the existing facility. GE Capital, Healthcare Financial Services is acting as administrative agent for the credit facility. The financing will be used to support the company's commercialization efforts.

Royal Philips and Infraredx, Inc. Sign Agreement for the Resale of Infraredx, Inc.'s TVC Imaging System

Royal Philips and Infraredx, Inc. announced a non-exclusive resale agreement for Infraredx's TVC Imaging System. Under the terms of the agreement, Philips will sell Infraredx's TVC Imaging System alongside its Allura interventional X-ray systems in North America and Europe, expanding its interventional cardiology portfolio of advanced live image guidance solutions, clinical informatics and interventional tools. Coronary artery disease (CAD) is caused when plaque builds up along the inner walls of the coronary (heart) arteries, causing them to narrow and reduce blood flow to the heart muscle. It can be treated with percutaneous coronary intervention (PCI), a catheter-based procedure that is performed in a cath lab under interventional X-ray guidance. Increasingly, additional catheter-based intravascular imaging technologies, such as the TVC Imaging System, are being used to assess the structure and composition of plaques from within the blood vessel, and to guide the interventional treatment for better procedural outcomes. The TVC Imaging System is a first-in-class intravascular imaging system that integrates near-infrared spectroscopy (NIRS) lipid core plaque (LCP) detection technology, and enhanced intravascular ultrasound (IVUS) imaging to visualize the presence of plaques, quantify the degree of vessel stenosis (narrowing) and identify plaques prone to rupturing and causing dangerous blockages.

InfraReDx, Inc. Presents at IN3 Medical Device 360° Summit, Oct-18-2013 08:35 AM

InfraReDx, Inc. Presents at IN3 Medical Device 360° Summit, Oct-18-2013 08:35 AM. Venue: InterContinental Mark Hopkins, 999 California Street, San Francisco, CA 94108, United States.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 22, 2013
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