Corline Biomedical
CLBIO.STPrivate Company
Total funding raised: $16.2M
Overview
Corline Biomedical, founded in 2005 and based in Uppsala, Sweden, has developed the Corline Heparin Conjugate (CHC™), a unique macromolecular technology that mimics the natural blood-compatible lining of blood vessels. The company operates a dual business model, generating revenue by supplying its CHS™ coating to medical device partners while advancing its proprietary pipeline, Renaparin® and Cytoparin™, in high-value regenerative medicine fields like kidney transplantation and cell therapy. Listed on Nasdaq First North (CORLINE), Corline leverages a strong scientific foundation of over 100 publications to drive innovation and partnerships in areas of significant unmet clinical need.
Technology Platform
The Corline Heparin Conjugate (CHC™) is a proprietary macromolecular technology consisting of pre-assembled aggregates of heparin molecules, designed to mimic the natural heparan sulfate proteoglycans on blood vessel walls, providing dense, stable, and highly bioactive antithrombotic and anti-inflammatory surfaces.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Corline competes with large chemical suppliers offering passive coatings and other active heparin technologies in the device space, differentiating through its superior macromolecular CHC™ platform. In regenerative medicine, its localized, biomimetic approach to preventing inflammation and rejection is unique compared to systemic drugs or novel biologics.
Company Timeline
Founded in Uppsala, Sweden
Grant: $1.2M
Series A: $15.0M