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Advanced Bifurcation Systems
A comprehensive platform technology for treatment of all bifurcations
About Advanced Bifurcation Systems
Advanced Bifurcation Systems operates in the medical device industry, focusing on innovative solutions for coronary artery disease, specifically at bifurcation points where arteries branch. The company's core product is a bifurcation stent designed to evenly scaffold all bifurcations regardless of angles, sizes, or plaque location, simplifying the procedure for interventional cardiologists. The technology is protected by more than 36 issued and 12 pending patents, positioning it as a disruptive force in the $2.5 billion global bifurcations market.
The company primarily serves healthcare providers, including hospitals and specialized cardiology clinics, aiming to improve outcomes for millions of patients worldwide who face either Percutaneous Coronary Intervention (PCI) or Coronary Artery Bypass Grafting (CABG). Advanced Bifurcation Systems operates on a B2B business model, generating revenue through the sale of its patented stenting systems and related medical devices.
The company has submitted a proposal to the U.S. Federal Drug Administration (FDA) for a clinical study leading to an Investigational Device Exemption (IDE) for its bifurcation technology. This regulatory milestone is crucial for market penetration and widespread adoption.
Key members of the leadership team include Henry Bourang, President and COO, with over 30 years of experience in the medical device industry, and Richard Ferrari, Director, who brings extensive expertise in endovascular interventions. The company's scientific advisory board comprises leading interventional cardiologists and experts in the field.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jan 2025 | $21M | $83M | Undisclosed | ↗ |
| SERIES A✓Equity / VC | Nov 2017 | $0 | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Advanced Bifurcation Systems is 20 monthly website visits, down 96.9% over the last three months. Advanced Bifurcation Systems's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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Global footprint
Market sentiment
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