Company Profile

Cardialen Inc
Profile last edited on: 2/7/2023      CAGE: 58TD1      UEI: UD4RRRFL7RV6

Business Identifier: Pain-free cardioversion therapy for atrial fibrillation
Year Founded
2008
First Award
2011
Latest Award
2022
Program Status
Active (Acquired)
Popularity Index
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Location Information

4041 Forest Park Avenue
St Louis, MO 63108
   (314) 615-6941
   info@cardialen.com
   www.cardialen.com
Location: Multiple
Congr. District: 01
County: St. Louis city

Public Profile

In mid-December 2022 it was announced that Maxwell Biomedical - a firm developing a new kind of device designed to treat episodes of Atrial Fibrulation (AFib) that are imperceptible to patient - had acquired Cardialen Inc., With facilities in Missouri and Minnesota, Cardialen, Inc. is a medical device company addressing pain-free cardioversion therapy with a focus on atrial fibrillation. The Cardialen effort has been the developmentof an implantable defibrillation therapy using low-electrical energy designed more gently to restore normal heart rhythm and potentially to avoid the negative side-effects of current therapies. The company's products have comprise implantable low-energy, low voltage, pain-free atrial cardioverters, and cardiac leads and defibrillator equipment. Products are used for the treatment of atrial (AF) and ventricular arrhythmias. AF is the most common cardiac arrhythmia worldwide - recently estimated to affect in the US over 3 million people. Unlike ventricular fibrillation (VF), AF is not immediately life threatening. However, AF greatly increases the risk of stroke and premature death, impairs quality of life and generates high healthcare costs. Current therapies (drugs, external cardioversion, catheter ablation and surgery of various types) do not fully meet AF patient needs.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
15-19
Revenue Range
1M-1.5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
1-4

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2023 2 NIH $5,206,956
Project Title: Enhanced System for Atrial Defibrillation
2021 2 NIH $3,961,269
Project Title: Novel Therapy System for Atrial Fibrillation
2012 1 NIH $250,742
Project Title: Low Energy Ventricular Defibrillator

Key People / Management

  Jeff Peters -- President & CEO

  Paula Skjefte -- CEO

  Paula Skjefte -- CEO

  David W Borne

  David W Bourn -- Director of Therapy Development

  Igor R Efimov

  Marina Jovanovic -- Principal Clinical Research Specialist

  Nick Lanners -- VP Operations

  Dave Munneke -- Director Clinical

  Travis Murphy -- CFO

  Tom Rasmussen -- Vice President Clinical

  Qun Sha

  Brent M Shelton -- VP Development

  John Testa -- CFO

  Randy H Weiss -- Founder