Mercator MedSystems

Mercator MedSystems

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $45M

Overview

Mercator MedSystems is a private, clinical-stage medical device company pioneering targeted micro-infusion for vascular interventions. Founded in 2001 and based in San Leandro, California, the company's FDA-cleared Bullfrog device enables the localized delivery of drugs and biologics directly through vessel walls. Its lead clinical programs, the DEXTERITY trials in DVT and the TANGO trial in PAD, aim to address significant unmet needs by reducing chronic complications like post-thrombotic syndrome. The company is led by its inventor-founder, Dr. Kirk Seward, and is positioned in the growing field of interventional drug-device combination therapies.

CardiovascularVascular Diseases

Technology Platform

Catheter-based micro-infusion system (Bullfrog® Device) for targeted, perivascular delivery of liquid therapeutics across vessel walls.

Funding History

3
Total raised:$45M
Series C$20M
Series B$15M
Series A$10M

Opportunities

The platform addresses large unmet needs in DVT (preventing post-thrombotic syndrome) and PAD, where no targeted local drug delivery standard exists.
Successful trials could establish a new treatment paradigm.
The technology's therapeutic agnosticism allows for expansion into other vascular territories and with novel biologics.

Risk Factors

Clinical failure in the pivotal DEXTERITY trials would severely impact company viability.
Commercial adoption faces hurdles including securing reimbursement and driving physician adoption of a new procedural technique.
The company is reliant on private financing to complete costly late-stage trials.

Competitive Landscape

Competes indirectly with systemic pharmaceuticals and other local delivery devices like drug-coated balloons and stents. Its primary competition is the current standard of care (anticoagulation for DVT, plain angioplasty for PAD), as micro-infusion for perivascular steroid delivery is a novel approach without direct equivalents.