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BioInterventional Corp.

The explosion of new interventional cardiology procedures has triggered the growth of a new device niche, arterial puncture closure devices. BioInterventional Corp. has developed a technology that uses small discs deployed at the puncture site to facilitate hemostasis.

The explosion of endovascular and percutaneous procedures being performed today by surgeons and interventionalists has triggered the growth of a new device niche, arterial puncture closure devices. The surgical cutdowns and percutaneous arteriotomies in the femoral artery generated during interventional radiology, diagnostic and therapeutic procedures such as angiograms, angioplasty, stenting and thrombolytic delivery have resulted in a $1.3 billion market. Nearly seven million of these procedures are performed worldwide annually, of them three million are performed in the US.

Vascular punctures have traditionally been closed by applying finger pressure to the wound site, a process which, while generally effective,...

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