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Advanced Vein Therapy, Inc.

Creating a physician centric solution that addresses the clinical problem associated with venous stasis ulcers versus wound management.

  • Stage Product In Development
  • Industry Medical Devices and Equipment
  • Location Minneapolis, MN, USA
  • Currency USD
  • Founded December 2010
  • Employees 2

Company Summary

The Company's goal is to develop a therapeutic system for treating venous insufficiency and venous stasis ulcers, that can be utilized in an office-based setting without general anesthesia, delivering sclerotherapy to incompetent perforating/superficial veins while minimizing the risk of deep venous thrombosis. The system will be safer, more effective & less costly. Vascular surgeons, dermatologists, and interventional radiologists are targets.


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    Kevin Nickels

    Mr. Nickels has substantial experience in building clinical and comercialization teams beginning with Rosemount Aerospace to more recently with Kinesis Medical and Celleration. Kevin successfully brought Kenesis to liquidity through the sale to Orthofix. Celleration, a venture backed company in wound care and tissue regeneration, achieved $10M in the fourth year of commercialization.

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    William Drasler
    Chief Technology Advisor

    Dr. Drasler worked for Baxter Travenol on dialysis systems and for Applied Membrane Technology on plasma deposition technology. In the early 1980's, he managed angioplasty projects at SciMed in balloon bonding and development. Dr. Drasler was VP of R&D for Possis Medical where he took the Angiojet thrombectomy project from inception to production. He was also VP of Engineering at Lake Region Manufacturing.

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    Ed Black
    Co-Founder and Board Memeber

    Mr. Black is a Minneapolis based private consultant specializing in Reimbursement Strategy and Payer Relations in medical technology. Ed excels in tranlating government and private payer policies into successful reimbursement planning. He also has 25+ years in Director level positions with Blue Cross Blue Shield and TriWest Healthcare Alliance. In the early 90's, Ed served as executive director of three business partnerships with large clinics


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    Peter Ekberg - Barnes & Thornburg
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    Jim Ness