Intressa Vascular SA

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Intressa Vascular SA - overview

Established

1998

Location

-, -, Belgium

Primary Industry

Medical Devices & Equipment

About

Based in Isnes, Belgium, and founded in 1998, Intressa Vascular SA, formerly known as Cardiatis SA, operates as a developer of a healthcare device, Allay™ Aortic Stent that treats patients' Type B aortic dissections. In October 2022, Intressa Vascular SA raised EUR 6 million in grant funding from The Walloon Region of Belgium. As of October 2022, the company has a team of 30 people and is led by its CEO Pierre Douette, and CSO Diane Lejeune. Intressa Vascular SA develops a proprietary braiding technology platform in combination with personalized procedure planning that allows the production of multilayer stents for the treatment of aortic dissection, a life-threatening cardiovascular condition.


Its device, the Allay™ Aortic Stent treats Type B aortic dissections (TBAD) and residual dissections designed to recentralize blood flow inside the true lumen, and reduce false lumen volume, while preserving branch perfusion. The company plans to use October 2022, funding to further develop its product offerings, expand on key markets, primarily the USA, Europe, and China and strengthen the organization's local foundation and growth.


Current Investors

Yonghua Capital, Noshaq, SRIW

Primary Industry

Medical Devices & Equipment

Sub Industries

Cardiology, Medical Equipment Distributors

Website

www.intressavascular.com

Verticals

Manufacturing

Company Stage

Late Stage

Total Amount Raised

Subscriber access only

Intressa Vascular SA - timeline of key events

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Intressa Vascular SA - financials

Fiscal Year EndedDec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)3,149,950------------
% Revenue Growth (YoY)-------------
EBITDA (USD)1,463,378(117,440)(11,455)(2,975,634)(3,135,435)(1,446,808)(1,762,578)(2,875,519)(793,006)4,933,714---
Operating Income (USD)(1,018,911)(2,911,280)(3,082,147)(6,482,898)(6,986,125)(5,812,391)(5,745,295)(5,988,198)(3,231,886)3,740,725---
Operating Margin(32.3%)------------
% EBITDA Margin46.5%------------
NET Income (USD)(886,515)(2,996,359)(3,221,274)(6,619,421)(7,093,397)(5,821,835)(6,174,372)(6,946,912)(4,071,147)3,769,851---
% Net Margin(28.1%)------------

Intressa Vascular SA - employee data

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