{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAwMTErogKDA","lastupdate":"2024-03-22T00:00:00.000Z","update_date":"2024-03-22T00:00:00.000Z","lastModified":"Mar 27, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"cathworks","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$e5hNIDdC1L8LLDZrpYEheAvrhgWVUuJyE63bGdcxTKzoGj7VWLewgl","name":"CathWorks","oneliner":"Noninvasive FFR Measurements for Coronary Interventions","registrar":"514882836","website":"https://cath.works","careerspage":"https://cath.works/careers","founded_month":2,"founded_year":2013,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/CathWorks","youtube":"https://www.youtube.com/channel/UCGZgKKYj3BUqgCRadZv7Fmw","facebook":"https://www.facebook.com/CathWorksFFRangio","linkedin":"https://www.linkedin.com/company/29011590","instagram":""},"social":["https://twitter.com/CathWorks","https://www.linkedin.com/company/29011590","https://www.facebook.com/CathWorksFFRangio","https://www.youtube.com/channel/UCGZgKKYj3BUqgCRadZv7Fmw"],"flattenedsociallinks":"https://twitter.com/CathWorks|https://www.linkedin.com/company/29011590|https://www.facebook.com/CathWorksFFRangio|https://www.youtube.com/channel/UCGZgKKYj3BUqgCRadZv7Fmw","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"51-200","employees_exact":82,"patent":1,"raised":151794000,"stage":"D","public_stage":"D","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4LuwgtgKDA","primary_sector":"Health Tech & Life Sciences","alternativenames":["Cat Works","Cat-Works","CatWorks","Cath Works","Cath-Works"],"about":"CathWorks is a medical technology company focused on applying its advanced computational science platform to optimize coronary artery disease (CAD) therapy decisions and elevate coronary angiography from visual assessment to an objective, FFR-based decision-making tool for physicians.\r\n\r\nThe companys current focus is specifically on bringing the CathWorks FFRangio System to market in order to provide quick, precise, and objective intraprocedural FFR guidance that will be practical for every case.\r\n\r\nCathWorks FFRangio System carries the CE mark and received FDA 510(k) clearance in December 2018.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+97299565775","country":null,"address":{"israeli":[{"id":"9cd2f244-e15d-4a1d-9213-0fda38f5aa18","city":"Kefar Sava","type":null,"address":"Rapaport Street 3, Kfar Saba, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"47auvuDMvrZ90UZSHQY9N3qCxKmuHx8UNwyGuDF6UMSUHmOyU9dSOr","city":"Shinjuku City","address":"Jr Shinjuku Mirainatower, 4-chōme-1-6 Shinjuku, Shinjuku City, Tokyo 160-0022, Japan","country":"Japan","placeid":"ChIJ_1DZptqMGGAR82b2LdHJKzE"},{"id":"EQGO8JlLet1dcSBfKSTNj7bwhSwX54yhqrUuS28OFN1k2xP4sFbE9a","city":"Newport Beach","address":"4000 MacArthur Blvd, Newport Beach, CA 92660, USA","country":"United States","placeid":"ChIJGSpbbQDf3IARJxTrtK3MPx4"}]},"headquarter_address":null,"district":"Center District","news":[{"id":"FManqFI8jKTORm6wEldzcMAONE9lBTl3TkxSQlvQPVT0DDmwC4sQ21","date":"Jun 28, 2023","link":"https://www.prnewswire.com/news-releases/cathworks-announces-first-patient-enrolled-in-global-all-rise-study-301865468.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Clinical Study, Coronary Artery Disease","company":"CathWorks","layoffs":"Not mentioned","summary":"CathWorks has announced the enrollment of the first patient in the ALL-RISE Study, a randomized controlled trial aimed at transforming the diagnosis and treatment of coronary artery disease (CAD) by evaluating the clinical and economic benefits of the CathWorks FFRangio® System. The study will enroll 1,924 patients at up to 60 sites in North America, Asia, Europe, and the Middle East. In July 2022, CathWorks entered into a strategic partnership with Medtronic to amplify its efforts in bringing the benefits of FFRangio to more physicians and patients globally.","partners":"Medtronic","customers":"Patients with CAD","investors":"Medtronic","confidence":9,"key_topics":["Clinical Study","Coronary Artery Disease","FFRangio System","Partnership","Patient Enrollment"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Customers","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"jAmdTj9vdlTAgtuJWCLLuJPsAByIP9syfKUGpaZmOxNJnmyJ0QDboS","news_summary":"CathWorks Announces First Patient Enrolled in Global ALL-RISE Study","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"VrSqCv9iEptVgiXLf9jTWzaeMiJsz3x6AKnNgDKCXlWXuBELwNV8Dg","date":"Mar 23, 2023","link":"https://www.calcalistech.com/ctechnews/article/skvmwxtg3","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"healthcare, innovation","company":"CathWorks","layoffs":null,"summary":"Israeli startup CathWorks, co-founded by Professor Ran Kornowski, aims to transform the diagnosis and treatment of cardiovascular disease. Professor Kornowski spoke about the startups innovation at the Mind the Tech conference in London. The conference focused on the changes in the high-tech sector and how they have impacted the economy. CathWorks goal is to revolutionize the way cardiovascular disease is diagnosed and treated.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["Cardiovascular disease","Diagnosis","Treatment","Innovation","High-tech sector"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"HP7FiJN40n5LcIhS0Mtr7EYGTpNNOfK37XoYsdilEBKJmGkzzg0zVI","news_summary":"Israeli startup is aiming to transform how cardiovascular disease is diagnosed and treated | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"fx3BZP0DMnWYRBVG15ZINiFQVl79S3jZ83fWzlgOvb1WzgPenRfAdQ","date":"Oct 6, 2022","link":"https://www.prnewswire.com/news-releases/fourth-generation-cathworks-ffrangio-system-receives-regulatory-approval-in-japan-301642761.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"regulatory approval","company":"CathWorks","layoffs":null,"summary":"CathWorks has received regulatory approval in Japan for its fourth generation CathWorks FFRangio System. The system allows for a comprehensive physiologic assessment of coronary artery disease without invasive pressure wires or hyperemic agents. The approval offers significant automation and enhancements, simplifying the utilization of the platform. The CathWorks FFRangio System is the first non-invasive device of its kind to receive approval for diagnosis of functional ischemia for patients with ischemic CAD in Japan. The system has a diagnostic accuracy of 93% compared to invasive wire-derived FFR. With this approval and a strategic partnership with Medtronic, CathWorks aims to expand its presence in Japan and make the FFRangio technology available to more physicians and patients.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["CathWorks FFRangio System","regulatory approval","physiologic assessment","coronary artery disease","diagnosis and treatment"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ObNqOZrB0prQwfM5HvO0k1Aati2NGkamQeAdF5pFB3qkMSkp6mxJqg","news_summary":"Fourth Generation CathWorks FFRangio® System Receives Regulatory Approval in Japan","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"cc943c67-5b74-4c85-86ec-75f10b03d15d","date":"Jul 12, 2022","link":"https://www.prnewswire.com/news-releases/medtronic-announces-co-promotion-agreement-with-cathworks-with-path-toward-acquisition-301584427.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["partnership","healthcare technology"],"company":"Medtronic","layoffs":null,"summary":"Medtronic has entered into a strategic partnership agreement with CathWorks, a company that aims to transform how coronary artery disease (CAD) is diagnosed and treated. Medtronic will invest up to $75 million and co-promote CathWorks FFRangio System. Medtronic also has the option to acquire CathWorks in the future. The partnership is expected to be neutral to Medtronics earnings in fiscal year 2023 and accretive thereafter. The FFRangio System combines artificial intelligence and advanced computational science to obtain quick and reliable FFR values from routine angiograms, eliminating the need for invasive measurements with wires and stimulation with hyperemic agents. The partnership aligns with Medtronics commitment to investing in innovative technologies for the healthcare industry.","partners":["CathWorks"],"customers":null,"investors":null,"confidence":9,"key_topics":["Medtronic","CathWorks","strategic partnership","coronary artery disease","FFRangio System"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":"$585 million","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"o47a9sYajTkt58uYcv6BiSVgmAI4F6VwDf4ubZq7BU7ncLC6VCxpaq","news_summary":"Medtronic announces co-promotion agreement with CathWorks, with path toward acquisition","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"teKneLjB9lgVl2fbH2DeHgFVIc8LQ6t8UdPVEwZBTmPy5UBfbarRtO","date":"Apr 6, 2022","link":"https://www.prnewswire.com/news-releases/cathworks-and-quest-international-announce-global-post-sales-technical-service-support-partnership-301515703.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"partnership","company":"CathWorks","layoffs":null,"summary":"CathWorks and Quest International have signed a post-sales technical service support agreement, making Quest International the preferred technical service delivery partner for CathWorks customers globally. This partnership will help CathWorks accelerate its commercial operations and expand its geographic footprint. Both companies have their US headquarters in Irvine, California, and see this partnership as a commitment to local economic growth. CathWorks is a leader in digital health innovations, providing physicians with advanced computational science and artificial intelligence tools for diagnosing and treating cardiovascular disease. Quest International is a global post-sales service support partner for original equipment manufacturers (OEMs) in various industries.","partners":["Quest International"],"customers":null,"investors":null,"confidence":9,"key_topics":["CathWorks","Quest International","post-sales technical service support","partnership","global service support provider"],"date_of_event":"April 6, 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"cr3iGPr39qKnJwlJq2JKjmWvTe6tFhSElxUY7VB9TKtzaOgH3ckFrx","news_summary":"CathWorks and Quest International Announce Global Post-Sales Technical Service Support Partnership","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"hRh35F4GT3Xj5VhiNPzvNqhKfEt6QeFwflIZB69f0FYay2wdvNisFo","date":"Mar 31, 2022","link":"https://www.prnewswire.com/il/news-releases/cathworks-presents-new-data-and-latest-innovations-at-acc-2022-301514335.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"medical technology","company":"CathWorks","layoffs":null,"summary":"CathWorks announces the completion of more than 5,000 FFRangio cases globally. The results of its outcomes study on the CathWorks FFRangio™ system will be presented at the annual American College of Cardiology (ACC) conference. The study examined the 1-year clinical outcomes of 492 patients. CathWorks FFRangio has become the standard of care in their cath lab. CathWorks has surpassed a major milestone with more than 5,000 patients benefiting from their FFRangio technology. They will have a prominent presence at ACC 2022 and their technology will be showcased at the Future Hub. Several scientific sessions at ACC will focus on the growing adoption of angio-based FFR and its role in managing cardiovascular disease.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["CathWorks FFRangio™ System","outcomes study","ACC 2022","clinical outcomes","global clinical adoption"],"date_of_event":"April 3, 2022","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"pReVXeVK60RBgHU69eINf2gAtWRXnCGQu39eASiimsrvKs2rBS73hJ","news_summary":"CathWorks Presents New Data and Latest Innovations at ACC 2022","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"00686821-c8bf-481e-8ad1-ef0214ed66b8","date":"Jun 14, 2021","link":"https://www.prnewswire.com/il/news-releases/cathworks-announces-appointment-of-ramin-mousavi-as-chief-executive-officer-and-board-member-301311693.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"appointment","company":"CathWorks","layoffs":null,"summary":"CathWorks has announced the appointment of Ramin Mousavi as Chief Executive Officer and member of the Board of Directors. Mousavi has extensive experience in the medical device industry and previously led the patient monitoring and digital health portfolio at Baxter International. CathWorks is a global leader in digital health innovation focused on helping patients with cardiovascular disease. The companys innovative FFRangio technology has the potential to become the standard of care in enhancing diagnostic decision-making for cardiologists. With Mousavis leadership, CathWorks aims to drive technology innovation, market adoption, and global commercial growth.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["CEO appointment","Digital health innovation","Cardiovascular disease","Medical device industry","FFRangio technology"],"date_of_event":"2021-06-21","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"LANekmSpZDop4O7fPP8YZglKrTOkARVygd3ApcrcfcaF8HgIVKTn8h","news_summary":"CathWorks Announces Appointment of Ramin Mousavi as Chief Executive Officer and Board Member","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3f9e6372-48b8-4d63-a79d-5ca7d140ea5f","date":"Jan 10, 2021","link":"https://en.globes.co.il/en/article-israeli-angiography-co-cathworks-raises-30m-1001356604","source":"en.globes.co.il","visible":1,"analysis":{"tags":"diagnostics, financing","company":"CathWorks","layoffs":null,"summary":"Israeli non-invasive diagnostics company CathWorks has completed a $30 million Series D financing round. The funds will be used to expand the commercialization of the companys FFRangio system, a non-invasive diagnostic technology used during routine angiography. The CEO of CathWorks expressed excitement about the clinical value of the FFRangio system and stated that the funding will support continued commercialization and expanded access to the technology for physicians, hospitals, and patients.","partners":null,"customers":null,"investors":"new and existing investors","confidence":9,"key_topics":["FFRangio system","Series D financing","expansion","non-invasive diagnostic technology","angiography"],"date_of_event":"January 10, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$30 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"OVUocUUy0LVM2zICaGcy2IYFt3HmEIin6cQCKob3ojAbePxiLZhy0r","news_summary":"Israeli angiography co CathWorks raises $30m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3cc36b8b-1c24-4d3c-aea6-1f3a1b890bc2","date":"Dec 16, 2019","link":"https://www.mddionline.com/can-3d-modeling-replace-guidewire-based-cardiac-procedure","source":"www.mddionline.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"MEeC6mfq5auxTEAylljFXw6xuoeq60YjcnYiZRwpro289leBcUlZkW","news_summary":"Can 3D Modeling Replace a Guidewire-Based Cardiac Procedure?","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"45788bc0-da0d-4e9d-849f-11802e6836fa","date":"Dec 11, 2019","link":"https://www.prnewswire.com/il/news-releases/cathworks-ffrangio-system-receives-regulatory-approval-in-japan-300973230.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"diagnostic technology","company":"CathWorks","layoffs":null,"summary":"CathWorks has received approval from Japans Ministry of Health, Labour and Welfare (MHLW) for its CathWorks FFRangio System, a non-invasive diagnostic technology used during routine angiography. The system provides objective and comprehensive physiology information, including 3D renderings of blood flow in the hearts arteries, to help physicians make decisions about coronary artery disease treatment. The approval allows CathWorks to expand its presence in Japan, where heart disease is a leading cause of death. The CathWorks FFRangio System is already available in the United States and Europe. This milestone is expected to positively impact the companys growth.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["CathWorks FFRangio System","non-invasive diagnostic technology","Japan MHLW approval","coronary artery disease","expansion"],"date_of_event":"December 11, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ISm79f2DaEtjQNT7Bp1qy29q8rBuIrLt8xwftWKUuLHQcQTlzDUjkK","news_summary":"CathWorks FFRangio™ System Receives Regulatory Approval in Japan","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a56b4740-927d-46b1-b836-3c2dfef3f2c6","date":"Jun 17, 2019","link":"https://en.globes.co.il/en/article-medtronic-signs-marketing-agreement-with-cathworks-1001289955","source":"en.globes.co.il","visible":1,"analysis":{"tags":["marketing agreement","medical technology","imaging technology","coronary arteries","heart disease","Israeli medical technology company"],"company":"Medtronic","layoffs":null,"summary":"Medtronic has signed a marketing agreement with Israeli medical device company CathWorks for the marketing of its products in Europe. This is Medtronics third marketing agreement this year with an Israeli medical technology company. The agreement allows Medtronic to gain ownership of the marketing of imaging products used to direct its medical devices. This strengthens Medtronics connection with Israel and signifies a new attitude by the corporation towards signing agreements with young companies. The article suggests that this approach may lead to future acquisitions, as happened with Medtronics acquisition of Mazor Robotics. The article also mentions Medtronics previous marketing agreements with Israeli companies Mazor Robotics and Alpha Omega.","partners":["CathWorks","Mazor Robotics","Alpha Omega","EDP"],"customers":null,"investors":null,"confidence":8,"key_topics":["marketing agreement","medical technology","imaging technology","coronary arteries","heart disease"],"date_of_event":"June 17, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":"$1.64 billion","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"FzSQhwNdGaqfEc8TbQuJ5K43hY8vtWYfK6bqrl7BMbvAOqFC2szn0w","news_summary":"Medtronic signs marketing agreement with CathWorks","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3ae1a369-a8f4-4f6c-9347-4400b3b466b8","date":"Mar 4, 2019","link":"https://venturebeat.com/2019/03/04/cathworks-appoints-chief-financial-officer/","source":"venturebeat.com","visible":1,"analysis":{"tags":"new hire","company":"CathWorks","layoffs":null,"summary":"CathWorks has announced the appointment of Mike Feher as Vice President of Finance and Chief Financial Officer. This appointment coincides with the US commercialization of the CathWorks FFRangio System. Feher will focus on developing financial and operational capabilities and executing the companys strategy. CathWorks CEO, Jim Corbett, expressed confidence in Fehers ability to lead the finance organization. The CathWorks FFRangio System provides non-invasive, objective FFR guidance during coronary angiography. CathWorks received FDA clearance for the system in December 2018.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["CathWorks FFRangio System","US commercialization","Mike Feher","financial and operational capabilities","strategic planning"],"date_of_event":"March 4, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"kLp68y73FVjHFZcOxWclOOqXDRYtT8RpE1lWJZh5TvHtxkCZAKQLaQ","news_summary":"CathWorks Appoints Chief Financial Officer","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f0ce1e24-385e-4ac1-8ca6-d283aca182d4","date":"Feb 25, 2019","link":"https://venturebeat.com/2019/02/25/cathworks-adds-vice-president-of-global-marketing-to-leadership-team/","source":"venturebeat.com","visible":1,"analysis":{"tags":"new hire","company":"CathWorks","layoffs":null,"summary":"CathWorks has announced the appointment of Ramin Mousavi as Vice President of Global Marketing & Strategy. Mousavi will be responsible for the U.S. clinical and commercial launch of the CathWorks FFRangio System and expanding into other global markets. His experience in cardiovascular marketing and successful device launches will be beneficial for the companys growth. The CathWorks FFRangio System provides objective FFR guidance for optimizing PCI therapy decisions. CathWorks received FDA clearance for the system in December 2018.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["CathWorks","Ramin Mousavi","Global Marketing & Strategy","CathWorks FFRangio System","cardiovascular device launches"],"date_of_event":"February 25, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"se08bjBy7eDKN9pXb4b76OUwzHx3ak2VET4te4nShiVJs6mk0vE7Gm","news_summary":"CathWorks Adds Vice President of Global Marketing to Leadership Team","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c1bf3475-1e6f-417a-9782-5bdde91b46b3","date":"Feb 4, 2019","link":"https://venturebeat.com/2019/02/04/cathworks-announces-completion-of-30-million-financing/","source":"venturebeat.com","visible":1,"analysis":{"tags":"Series C Financing","company":"CathWorks","layoffs":null,"summary":"CathWorks has completed a $30 million Series C financing round led by Deerfield Management. The funding will support the acceleration of the companys clinical and commercial activities in the United States. CathWorks FFRangio System, which received FDA 510(k) clearance, provides objective FFR guidance for optimizing PCI therapy decisions. The system is non-invasive and performed intra-procedurally during coronary angiography. Deerfield Management believes there is tremendous clinical and economic potential for the technology. CathWorks is focused on bringing the FFRangio System to market to provide quick, precise, and objective intraprocedural FFR guidance for every case.","partners":null,"customers":null,"investors":"Deerfield Management","confidence":9,"key_topics":["Series C Financing","CathWorks FFRangio System","FDA 510(k) clearance","PCI therapy","Deerfield Management"],"date_of_event":"February 4, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$30 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"2VJ1ANOvdevA2eTdqMUtQOJzcnrjOMHIjxcoyRugHZV5JVMkKTOAw9","news_summary":"CathWorks Announces Completion of $30 Million Financing","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"9447f6d0-684f-4832-9439-128fbdcd4471","date":"Dec 27, 2018","link":"https://venturebeat.com/2018/12/27/cathworks-names-paul-kapsner-as-vice-president-of-sales/","source":"venturebeat.com","visible":1,"analysis":{"tags":"leadership","company":"CathWorks","layoffs":null,"summary":"CathWorks has appointed Paul Kapsner as Global Vice President of Sales to accelerate the clinical and commercial organization in the United States. 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