Cheetah Medical Set To Compete In Fast-Growing Hemodynamic Monitoring Market

In February, Cheetah Medical Inc. raised $9 million in a late financing round to support commercialization of its noninvasive, continuous hemodynamic monitoring system. It’s a product sector that’s received lots of attention recently, driven by rising cost pressures on hospitals, demographics, and new noninvasive alternatives to conventional hemodynamic monitoring technologies that require the insertion of an arterial line or pulmonary artery catheter.

In February, Cheetah Medical Inc. raised $9 million in a late financing round to support commercialization of its NICOM (noninvasive cardiac output monitor) system, a continuous hemodynamic monitoring platform. [See Deal] Founded in 2001, the company has reached its commercialization phase at a time when its goals match that of hospital customers focused on solving their most costly problems, in particular, how to better manage patients in the intensive care unit, the hospital’s most expensive department.

The large strategics in critical care have clearly recognized the opportunity. Edwards Lifesciences Corp., the leader in hemodynamic monitoring,...

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