Magenta Medical

Magenta Medical

Magenta Medical has developed a temporary venous catheter-based therapy. Learn more

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Employees
Market cap
-
Enterprise valuation
AUD649—974m (Dealroom.co estimates Jul 2024.)
Tel Aviv-Yafo Tel Aviv District (HQ)
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Magenta Medical develops advanced medical devices focused on providing temporary support for patients with severe heart conditions. The company specializes in two main products: the percutaneous Left Ventricular Assist Device (pLVAD) and the Transcatheter Renal Venous Decongestion System. The pLVAD is a next-generation, low-profile arterial pump designed to offer temporary support for patients undergoing high-risk coronary interventions and those suffering from cardiogenic shock. The Transcatheter Renal Venous Decongestion System is a venous pump aimed at treating hospitalized patients with acutely decompensated heart failure by reducing renal venous pressure and decompressing the kidneys.

Magenta Medical primarily serves hospitals and healthcare providers dealing with critical heart failure cases. Operating in the medical device market, the company employs a business model that includes the development, manufacturing, and sale of its specialized pumps. Revenue is generated through direct sales to healthcare institutions and partnerships with medical distributors.

Keywords: heart failure, pLVAD, arterial pump, venous pump, coronary interventions, cardiogenic shock, renal venous pressure, decompensated heart failure, medical devices, healthcare providers.

Tech stack

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