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Neuravi to Market EmboTrap Device

June 17, 2015

Neuravi has raised $21 million to support European commercialization of its EmboTrap revascularization device for acute ischemic stroke patients. The company also plans a clinical trial, Arise II, that will enroll patients in Europe and the U.S. this year, the Irish devicemaker said Wednesday.

The device, which features a dual-layer stent-like design, works by restoring blood flow to the brain.

Rapid intervention following a stroke is critical to the patient’s well-being. Ischemic strokes account for 87 percent of all strokes.

Fountain Healthcare Partners and Delta Partners provided funding. — Jason Scott