Marizyme

Marizyme

MRZM
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Private Company

Total funding raised: $7.5M

Market Cap: $40KFounded: 2008Employees: 11-50HQ: Jupiter, United States

Overview

Marizyme's mission is to improve long-term patient outcomes in cardiac surgery by preserving the structural and functional integrity of vascular grafts during the critical intraoperative period. Its primary achievement is the FDA clearance and commercialization of DuraGraft®, the first and only solution specifically cleared for flushing and storing saphenous vein grafts in CABG, supported by clinical data demonstrating reduced graft wall thickening. The company's strategy is centered on penetrating the global CABG market with DuraGraft while exploring potential platform extensions into other vascular storage applications. Marizyme operates as a public company, focusing its resources on driving surgeon adoption and securing reimbursement pathways for its novel technology.

Cardiovascular SurgeryVascular Protection

Technology Platform

Proprietary electrolyte solution platform (DuraGraft®) designed to protect vascular grafts from ischemia-reperfusion injury and oxidative stress during intraoperative storage, acting as an antioxidant and cytoprotective agent.

Funding History

2
Total raised:$7.5M
Debt$5M
Debt$2.5M

Opportunities

DuraGraft addresses a large, global market defined by ~400k annual CABG procedures in the U.S.
alone, targeting a critical unmet need with no directly competing FDA-cleared product.
Successful demonstration of cost savings from reduced graft failure could drive rapid hospital adoption under value-based care models.

Risk Factors

Extreme commercial execution risk in displacing the zero-cost standard of care (saline), coupled with high financial risk due to limited resources and likely need for dilutive financing.
The company's fate is entirely tied to one product, creating profound concentration risk.

Competitive Landscape

Marizyme faces no direct FDA-cleared competitors, but its primary competition is the entrenched, zero-cost standard of care: heparinized saline. Indirect competition includes systemic pharmacological therapies and alternative revascularization procedures (PCI), but DuraGraft's unique value proposition is its targeted, intraoperative endothelial protection.

Company Timeline

2008Founded

Founded in Jupiter, United States

2022Debt

Debt: $2.5M

2023Debt

Debt: $5.0M