R
RainMed
Health Tech & Medtech · Suzhou Shi, China · Founded 2014
A vascular interventional surgical robot developer focused on the development of coronary angiography systems MoreLess
Based in Suzhou, China, RainMed Medical is a publicly-traded company specializing in advanced diagnostic solutions for coronary artery disease. Founded in 2014 by Professor Yunlong Huo, the company has grown from its initial research phase to a commercial entity listed on the Hong Kong Stock Exchange as of July 2022. Professor Huo, a faculty member at Shanghai Jiao Tong University's School of Life Science and Biotechnology, provides a strong foundation in academic research that underpins the company's product development.
RainMed's business model centers on the design, development, and commercialization of devices for the precise diagnosis of coronary conditions. The company generates revenue through the sale of its medical systems and associated disposable components to hospitals and clinics. Its client base consists of healthcare institutions performing cardiac interventions, with products utilized in over 1,000 hospitals across China and expanding into international markets. To facilitate market penetration, RainMed has established strategic partnerships with medical device distribution platforms and collaborates with top medical centers on clinical research.
The company's core product is the Coronary Angiography-Derived Fractional Flow Reserve (caFFR) system. This system provides a non-invasive method to assess the severity of coronary artery stenosis, which is a narrowing of the arteries. Unlike the traditional method that requires an invasive pressure wire and vasodilators, the caFFR system calculates the FFR value using computational fluid dynamics (CFD) applied to standard coronary angiograms. This process involves creating a 3D model from two angiogram images to analyze blood flow and pressure, delivering results in approximately two to three minutes. The key benefits include enhanced safety by avoiding invasive wires, improved efficiency in the cardiac catheterization lab, and wider applicability as it can be used for patients who have contraindications to vasodilator drugs. RainMed also develops the caIMR system for assessing coronary microvascular resistance and the FlashBot, a vascular interventional surgery robot, to further build out its platform of solutions for vascular disease.
Keywords: medical devices, coronary artery disease, fractional flow reserve, FFR, caFFR, diagnostic systems, cardiology, vascular intervention, computational fluid dynamics, medical imaging, angiography, caIMR, interventional robotics, cardiovascular diagnostics, HealthTech, Suzhou, medical technology, myocardial ischemia, non-invasive diagnosis, FlashBot, pressure wire alternative
Company overview
RainMed company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2014
- Headquarters
- Suzhou Shi, China
- Employees
- 16
- Open positions
- None listed
- Dealroom signal
- 37.4
Valuation & funding
RainMed funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Dec 2021 | $100M | $400M | Ping An Group · Lighthouse Canton · Seresia · Ping An Capital | ↗ |
| SPINOUTOther financing | Jan 2014 | $0 | — | Shanghai Jiao Tong University | — |
Growth signals
RainMed website traffic
Latest recorded traffic for RainMed is 180 monthly website visits, down 93.3% over the last three months. RainMed's team grew 0% over the past year.
Comparisons
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Talent graph
RainMed's talent
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Investors
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Global footprint
Where RainMed has talent and traffic
team presence
In the news
Latest news about RainMed
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Market sentiment
What the market is saying about RainMed
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