@activeneedle.com
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Description
Active Needle Technology is a pre-revenue medical device company that specializes in precision targeting of needle placement. With a focus on ultrasound-guided interventional procedures like regional anesthesia and cancer biopsy, they aim to enable clinicians to perform needle-based procedures safely, efficiently, and cost-effectively, benefiting both patients and healthcare providers. Developed at the University of Dundee, their award-winning needle actuating device technology is set to revolutionize the $4+ billion special purpose needle market, particularly the $1 billion biopsy market.
By providing accurate needle placement through real-time visualization and reduced tip deflection, Active Needle Technology improves the first-time success rate of needle-based procedures while minimizing procedure time, patient stress, and complications. Their technology offers better visibility, improved accuracy, reduced pain and tissue trauma, and increased uptake of ultrasound guidance, leading to faster procedure times, better patient experiences, cost savings, and increased safety without emitting any ionizing radiation. The positive reception from clinicians further affirms the potential and significance of Active Needle Technology in various medical fields.
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Company Type
Privately Held
Company Size
2-10
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