Shape Memory Medical
Private Company
Total funding raised: $65M
Overview
Shape Memory Medical is a pioneering medical device firm leveraging a proprietary shape memory polymer platform to develop next-generation embolization devices. Founded in 2008, the company's technology aims to improve procedural outcomes by providing devices that conform to patient anatomy, are radiolucent for visibility, and bioabsorb while promoting healthy tissue regeneration. It is currently commercializing its IMPEDE Embolization Plug family and developing a broader portfolio for cross-specialty vascular applications, positioning itself as a potential disruptor in the embolotherapy market.
Technology Platform
Proprietary shape memory polymer (SMP) engineered for embolization. Key features include regenerative bioabsorption that promotes healthy collagen formation, dynamic conformability to vessel anatomy, radiolucency for imaging clarity, and high porosity for rapid clot formation.
Funding History
3Opportunities
Risk Factors
Competitive Landscape
Shape Memory Medical competes in the embolization device market against major medical device companies like Boston Scientific, Medtronic, Terumo, and Stryker, which offer metal coils, liquid embolics, and occlusion plugs. Its differentiation is based on its smart polymer's material properties, which aim to combine the immediate occlusion of coils with bioabsorption and promoted healing, a combination not offered by current market leaders.