ReCor Medical

ReCor Medical

Develops ultrasound technology for hypertension treatment

About

ReCor Medical focuses on treating hypertension, a condition that affects over 1 billion people globally. The company has created the Paradise System, which utilizes non-focused ultrasound technology to perform renal denervation, a procedure that targets kidney nerves to help lower blood pressure. This system is particularly beneficial for patients who do not respond well to standard blood pressure medications. ReCor Medical is dedicated to clinical research and development to ensure the safety and effectiveness of its technology, and it generates revenue through the sale of its medical devices and partnerships with healthcare providers. The company is also involved in significant clinical trials, such as the RADIANCE Global Program, aimed at demonstrating the benefits of renal denervation for hypertension treatment. ReCor Medical's goal is to provide a new treatment option for high blood pressure, addressing a major global health issue.

Company Stage

Debt Financing

Employees

51-200

Industries

Healthcare

Total Funding

$29.2M

Headquarters

Palo Alto, California

Founded

2009


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Simplify's Take

What believers are saying

  • FDA approval boosts ReCor's leadership in the renal denervation market.
  • Global hypertension prevalence increases demand for ReCor's innovative solutions.
  • Lara Barghout's appointment as CEO supports international expansion.

What critics are saying

  • Competition from Medtronic may impact ReCor's market share.
  • Reliance on clinical trials poses risks if results are unfavorable.
  • New CEO may cause strategic shifts disrupting current operations.

What makes ReCor Medical unique

  • ReCor Medical's Paradise System uses non-focused ultrasound for renal denervation.
  • The company targets hypertension patients unresponsive to traditional medications.
  • ReCor Medical leads with FDA-approved renal denervation technology.

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