Miracor Medical

Miracor Medical

Zaventem, Belgium· Est.
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Private Company

Total funding raised: $75M

Overview

Miracor Medical is a private, clinical-stage medical device company pioneering a novel interventional cardiology therapy called Pressure-controlled Intermittent Coronary Sinus Occlusion (PiCSO). The company's lead PiCSO® Impulse System is designed as a first-line adjunct therapy during primary PCI to reduce infarct size and improve outcomes for heart attack patients, targeting a significant unmet need. With FDA IDE approval for a pivotal U.S. study secured in 2022 and a strong, experienced leadership team, Miracor is advancing towards key clinical milestones. The company is currently pre-revenue, having raised €24 million in 2020 to fund its clinical development programs.

Cardiovascular

Technology Platform

Pressure-controlled Intermittent Coronary Sinus Occlusion (PiCSO) - a catheter-based system that intermittently occludes the coronary sinus to potentially improve microvascular perfusion and reduce infarct size during PCI for acute myocardial infarction.

Funding History

3
Total raised:$75M
Series C$40M
Series B$25M
Series A$10M

Opportunities

The primary opportunity is addressing the large unmet need in STEMI treatment by reducing microvascular obstruction post-PCI, potentially improving long-term outcomes and preventing heart failure.
Success could establish a new standard of care in the multi-billion dollar interventional cardiology market.
Exploring expanded indications for PiCSO could further broaden the addressable patient population.

Risk Factors

Key risks include clinical trial failure, regulatory rejection, and challenges in achieving adoption by interventional cardiologists for a novel procedural adjunct.
The company is pre-revenue and will require significant additional capital to complete development and launch, facing dilution or financing risk.

Competitive Landscape

PiCSO faces competition from other investigational pharmacological and device-based adjunct therapies aimed at reducing reperfusion injury and infarct size. It competes within the broader interventional cardiology device market dominated by large players. Its unique venous system mechanism may provide differentiation, but it must prove superior or complementary efficacy.