Company Profile

NDI Medical LLC (AKA: Neurostim Design and Innovation~NDI)
Profile last edited on: 7/18/2017      CAGE: 8A7G9      UEI: CJ6SM7L9V314

Business Identifier: Neurodevice technologies
Year Founded
2002
First Award
2003
Latest Award
2010
Program Status
Inactive
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Location Information

22901 Millcreek Boulevard Suite 110
Cleveland, OH 44122
   (216) 378-9106
   info@ndimedical.com
   www.ndimedical.com
Location: Multiple
Congr. District: 11
County: Cuyahoga

Public Profile

Perhaps usefully thought of as a medical device incubator. NDI Medical is a hybrid venture capital and commercialization firm that focuses on investing in, developing, and commercializing neurodevice technologies, such as medical devices, stimulators, surgical equipment, and software to treat illnesses of the brain and nervous system. The company maintains a proprietary technology platform of neurodevices consisting of implantable and external pulse generators, leads, surgical deployment tools, external programmers, and patient controllers that are applied to various therapeutic applications or adapted for new devices. Focused on potentially high-growth firms, NDI addresses innovative neurostimulation technologies that they judge address significant unmet health conditions. The NDI team includes seasoned entrepreneurs, scientists, physician advisors, and professionals in clinical and regulatory affairs, product development, quality, and finance.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
25-49
Revenue Range
2.5M-5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
50-74

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2010 1 NIH $303,701
Project Title: Neuromodulation For Stroke Shoulder Pain
2008 2 NIH $863,662
Project Title: Electrical Treatment of Reflex Incontinence
2006 1 NIH $197,481
Project Title: Extending battery life with novel electrode design
2006 1 NIH $149,800
Project Title: Temporary percutaneous lead wire and delivery system
2006 1 NIH $174,868
Project Title: Peripheral Nerve Stimulation for Erectile Restoration

Key People / Management

  Marilyn Eisele -- President

  Geoffrey B Thrope -- Founder and CEO

  Maria Elaine Bennett -- Vice President of Clinical Affairs

  James D Coburn

  Robert B Strother

  Mark Stultz -- Vice President for Market Development