• 2003

Company Description

Coridea is a medical device incubator that develops solutions that change the lives of cardio, pulmonary and renal patients.

CORIDEA is an idea generator, technology incubator and consulting firm that applies established technologies to new targets in the cardio-renal and cardio-pulmonary fields. Since its inception in 2003, Coridea has launched six startup companies including Ardian, CHF Solutions, and Respicardia (formerly, Cardiac Concepts). The $800 MM acquisition of Ardian by Medtronic marked the highest-priced venture capital-backed pre-revenue medical device acquisition to date. With 65 U.S. patents licensed by companies such as Evalve, Zoll Medical, Nephros, and PLC Medical; over $150 million in venture capital financing; and the invention of 2011 Edison Award-winning Symplicity Catheter System, Coridea is a leader in medical device innovation.