Ancora Medical
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Ancora Medical - overview
Established
2013
Location
Menlo Park, CA, US
Primary Industry
Medical Devices & Equipment
About
Based in California, US, and founded in 2013, Ancora Medical operates as a medical technology company. The company was founded by its CEO Chunyuan Qiu. The company was formed by the spin-off venture SRI International. In July 2022, Scilex Holding Company, a portfolio company of Vickers Venture Partners, agreed to acquire Ancora Medical, Inc.
The product line of Ancora Medical includes the Ancora Nerve Block Catheter Set, which is a device that helps physicians identify peripheral nerves. The company's product combines catheter and needle combination technology, which enables medical professionals to locate peripheral nerves by sending electrical impulses from a nerve stimulator. Following the acquisition, the company intends to establish a global business to enhance its capabilities in sales and marketing.
Primary Industry
Medical Devices & Equipment
Sub Industries
Surgical Devices
Website
www.ancoramedical.com
Verticals
HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Ancora Medical - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Ancora Medical | - |
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