Follow the Money to Medical Devices & Diagnostics
Spotlight on CartiHeal Ltd.
Follow the Money to Medical Device & Diagnostic Opportunities highlights a newly funded medical device or diagnostic company. This includes important insights into the featured company’s product pipeline, manufacturing and business relationships, and likely sourcing opportunities.
CartiHeal Ltd. is a private company based in Israel that develops cell-free cartilage regeneration technology. It raised $18.3 million in the completion of a venture capital investment as reported in the PharmSource Lead Sheet on May 11, 2017.
- CartiHeal was founded in 2009
- Corporate Headquarters: Kfar Saba, Israel
- CartiHeal plans to use the proceeds to fund the IDE clinical trial with its Agili-C implant:
Device: The Agili-C implant™
Development Phase: Pivotal studies
Medical Specialty: Orthopedics/Rehabilitation/Physical medicine
Purpose: Device – in vivo/Imaging device
Type: System/System accessory; Instrument/tool
Description: A MRI system that scans newborns within the NICU to diagnose a variety of conditions.
Device: The Stroke-dedicated MRI System™
Development Phase: Pre-feasibility studies
Medical Specialty: General Hospital
Purpose: Device – Therapeutic/Interventional
Type: Implant – Other
Description: A cell-free implant that regenerates hyaline cartilage and the underlying subchondral bone in a single-step procedure.
- January 2016: $15 million in a completed venture capital investment
- October 2013: $5 million in a completed venture capital investment
Medical Device & Diagnostics Pipeline1
|Product Candidate||Indication||Medical Specialty||Purpose||Type||Status|
|Device – Therapeutic/
|Implant – Other||Pivotal studies|
Regulatory Approvals and Clearances
|Product Candidate||Region||Approval/Clearance||Year of Approval or Clearance|
1Source: PharmSource Lead Sheet
|CartiHeal Ltd.||Key Officers|
|Atir Yeda 17, 4th Floor||Nir Altschuler, CEO|
|Kfar Saba, 4464313 Israel||Yulia Chaikin, PhD, Lead Scientist|
|Phone: + 972 9 881 0400||Dvora Darky, Manager, Clinical Trials|
|Fax: + 972 9 881 0401||Stuart Bernstein, Director, Marketing|
|Web: www.cartiheal.com||Amir Goren, VP, Operations|
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