CryoTherapeutics
Private Company
Total funding raised: $20M
Overview
CryoTherapeutics is an early-stage European innovator targeting the root cause of most heart attacks: vulnerable atherosclerotic plaque. Their implant-free cryotherapy technology cools plaque to -10°C to -20°C, aiming to stabilize it by reducing inflammation and increasing fibrous cap thickness, thereby lowering rupture risk. The company has completed a first-in-human (POLARSTAR) pilot study showing initial safety and feasibility, positioning it in a large, underserved cardiovascular market. Based in Leuven, Belgium, and founded in 2015, it is a private, pre-revenue company advancing a unique medical device platform.
Technology Platform
Catheter-based cryotherapy system (CTS) consisting of a console and an intracoronary balloon catheter. Delivers controlled cryoenergy (-10°C to -20°C) to vulnerable coronary plaques to reduce inflammation and increase fibrous cap thickness, stabilizing the plaque and preventing rupture.
Funding History
1Opportunities
Risk Factors
Competitive Landscape
There are currently no FDA or CE-marked devices specifically indicated for vulnerable plaque stabilization, making CryoTherapeutics a potential first-mover. Competition exists indirectly from optimal medical therapy (drugs) and the off-label use of stents/drug-coated balloons, which are suboptimal for this indication. Other companies may be developing competing targeted local therapies.