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Creagh Medical

Creagh Medical Limited is an Irish company that specialises in the design and manufacture of high-performance PTA balloon catheters.

  • Stage $1M in TTM Revenue
  • Industry Business Products
  • Location Galway, Ierland
  • Currency EUR
  • Founded September 2005
  • Employees 22
  • Website creaghmedical.com

Company Summary

Creagh's products are used in minimally invasive surgery to widen narrowed arteries and veins outside of the heart area of the body, to treat patients with blocked or narrowed arteries due to heart disease, or long term dialysis. By having its own proprietary FDA-approved products, which are best-in-class in their categories, this enables Creagh to partner with global distribution companies and OEM’s - negotiations on global dist are advanced.

Team

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    Tom Greaney
    Mr

    Tom joined Creagh in September 2005. Since then, he has coordinated the set up of the current business from a green field site. Prior to that Tom worked for Boston Scientific for 10 years, working on several coronary catheter and stent projects, including worldwide responsibility for Taxus. Prior to that he spent 6 years in the ICT sector working for companies such as Nortel, Ericssons and others in a variety of engineering and management roles.

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    Gordon Brooks
    Mr

    Gordon joined Creagh in April 2010 as Vice President of Business Development. He is based out of Boston, Massachusetts. Gordon brings a wealth of experience specific to peripheral angioplasty balloons, having spent the last 14 years with the Boston Scientific Peripheral Interventions division, including as Director of Marketing for the Angioplasty and Accessories franchises.

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    Damien Kilcommins
    Mr

    Damien joined Creagh Medical in November 2006 and has led the Process development and engineering functions. He has been a key resource in the development and commercialisation of new products. Prior to joining Creagh, Damien worked for Abbott and Mednova in a variety of design and manufacturing roles.

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    Derek Cooney
    Mr

    Derek joined Creagh in March 2008 and leads the Accounting, Finance, Logistics, and IT functions. Prior to that, Derek worked for Green Isle foods as Finance Manager and MSL and Tyco Healthcare as Cost accountant.

Advisors

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    Lavery Kirby Gilmartin Solicitors
    Lawyer
    Unconfirmed
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    Deasy Advisory Services (Corporate Finance), McCann & Co (Auditors)
    Accountant
    Unconfirmed

Previous Investors

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    Directors and management - 85%
    Unconfirmed
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    USCI Japan (former owner, was an MBO) - 15%
    Unconfirmed
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    No institutional equity, 500K of BES raised, plus 150K prefs from EI
    Unconfirmed