CardioSpectra

About CardioSpectra

CardioSpectra.  Cardiology Systems.  CardioSpectra was founded in 2005 by Marc D. Feldman, M.D., of the Health Science Center and Thomas E. Milner, Ph.D., of UT Austin. It was aquired by Volcano in 2007. CardioSpectra is looking for innovative ways to image blood vessel plaques that are vulnerable to rupture. A better method of imaging these plaques could dramatically reduce the number of sudden deaths from strokes and heart attacks precipitated by plaque ruptures. Dr. Feldman, an interventional cardiologist and researcher, is collaborating with Dr. Milner, a biomedical engineer.  Founded in 2005 and headquartered in San Antonio, Texas, CardioSpectra is focused on the development of innovative medical devices based upon an extensive patent portfolio of Optical Coherence Tomography (OCT) systems and associated technologies. OCT images are created by detecting light reflected from tissue, forming optical interference patterns that generate high- resolution 2D and 3D renderings of the tissue structure.

Quotes about CardioSpectra

1. “ We are also excited about the potential of our CardioSpectra acquisition and its Optical Coherence Tomography (OCT) technology as a complement to our IVUS offerings. Our product development program for this technology is on track and we hope to have our first offering in this area available for launch in the United States and Europe next year. ”

   Scott Huennekens in Volcano Reports 35 Percent Increase in Quarterly Revenues; Ivus ...

1. Mentioned In 33 Articles

2. Life-Saving Filter Technology Attracts $7.5 Million from Local Investors

   Explore Article Latest Press Releases (May 6 2010) Cardiology , Other Business News

   ...y developed by Xenetope to Genzyme Corporation in 2004. Then in 2005, Banas and Castella co-founded CardioSpectra, another medical device company, which they sold to Volcano Corporation in late 2007. "When we saw ... (Read Full Article)
   

   Comment on Article Mentions:   Cordis   University of Texas Health Science Center   Volcano

3. CardioSpectra founders win UT System Chancellor's award for entrepreneurship

   Explore Article San Antonio Business Journal (Mar 17 2010) Acquisition , Other Business News

   ...ysicians can place stents in arteries or perform other treatments. Feldman and Milner co-founded CardioSpectra as a spin-off company from the technology developed at the UT System and raised $5 million, includi... (Read Full Article)
   

   Comment on Article Mentions:   Marc D. Feldman   University of Texas at Austin   University of Texas Health Science Center

4. Volcano Reports 44 Percent Increase in Fourth Quarter Revenues

   Explore Article PR Newswire (Mar 3 2010) Cardiology , Other Business News

   ...-process research and development charges of $14.0 million resulting from milestones related to the CardioSpectra, Inc. and Novelis, Inc. acquisitions. Excluding stock-based compensation expense of $2.7 millio... (Read Full Article)
   

   Comment on Article Mentions:   Axsun Technologies   Volcano   Scott Huennekens

5. Volcano Corporation Announces Receipt Of CE Mark For Its OCT Imaging Mark For Its OCT Imaging System And Catheter

   Explore Article thestreet.com (Jan 5 2010) Cardiology , Other Business News

   ...ng Systems at Volcano Corp. "Volcano acquired its initial OCT technology through the acquisition of CardioSpectra, Inc. in December 2007. Since that time, the Volcano OCT system has generated positive results in n... (Read Full Article)
   

   Comment on Article Mentions:   Volcano   CardioSpectra

6. Volcano Reports 22 Percent Increase in Third Quarter Revenues

   Explore Article ptca.org (Nov 6 2009) Cardiology , Other Business News

   ...09. Excluding in-process research and development costs of $12.4 million related to the Novelis and CardioSpectra transactions, $2.9 million in due diligence, legal and accounting expenses related to an acquisitio... (Read Full Article)
   

   Comment on Article Mentions:   Axsun Technologies   Volcano   Scott Huennekens

7. Volcano Posts Q3 Loss; Backs FY09 View; Makes $11M milestone payment to Cardiospectra

   Explore Article RTTNews (Nov 5 2009) Cardiology , Acquisition , Other Business News

   ...3, if it is required to make a milestone payment of approximately $11.0 million, relating to former CardioSpectra stockholders, and record a one-time charge to in-process research and development. The Street curre... (Read Full Article)
   

   Comment on Article Mentions:   Volcano   Axsun Technologies   CardioSpectra

8. Volcano Reports 22 Percent Increase in Third Quarter Revenues

   Explore Article Reuters.com (Nov 5 2009) Cardiology , Other Business News

   ...9. Excluding in-process research and development costs of $12.4 million related to the Novelis and CardioSpectra transactions, $2.9 million in due diligence, legal and accounting expenses related to an acquisit... (Read Full Article)
   

   Comment on Article Mentions:   Axsun Technologies   Siemens   Volcano

9. Lightlab Imaging, Axsun Technologies, and Volcano Corporation in Legal Dispute

   Explore Article Optical Coherence Tomography News (Mar 12 2009) Cardiology , Other Business News

   ...is based on technology licensed from the University of Texas and Dr. Thomas Milner, a co-founder of CardioSpectra. On May 27, 2008, Lightlab Volcano Corporation's recent Securities and Exchange Commission 10-k ... (Read Full Article)
   

   Comment on Article Mentions:   LightLab Imaging   Axsun Technologies   Scott Huennekens

10. Volcano Reports Full Year Revenues Increase 31 Percent

    Explore Article news.prnewswire.com (Feb 17 2009) Other Business News

    ...re in-process research and development charges of $26.2 million related to Volcano's acquisition of CardioSpectra, Inc., that was completed in December 2007. Weighted average shares for the fourth quarter of 2008 ... (Read Full Article)
    

    Comment on Article Mentions:   Axsun Technologies   CardioSpectra   Scott Huennekens

11. Volcano Corporation Makes Big Bets on Optical Coherence Tomography: Projects OCT Cardiology & Related Markets At More Than $1B

    Explore Article Optical Coherence Tomography News (Jan 17 2009) Cardiology , Other Business News

    ...r in the OCT cardiology market and is backing that belief with big bets. Last year Volcano acquired CardioSpectra (a 2 year old startup company out of the University of Texas at Austin) for $63M ($25M plus an addi... (Read Full Article)
    

    Comment on Article Mentions:   Axsun Technologies   Volcano   CardioSpectra

12. OCT Software Engineer at Volcano

    Explore Article vfusion (Jun 4 2008) Jobs & Studentships

    Volcano Corporation provides rewarding and challenging employment opportunities for those qualified and selected individuals wishing to join us as we develop, market, and manufacture products that improve the overall quality of medical care. Come join Volcano Corporation - a team leading the way! JOB SUMMARY: Develop, validate. and deploy software for new biomedical imaging systems. RESPONSIBILITIES: Develop tools for automatic segmentation, classification, and analysis of biomedical images, including 3D images ... (Read Full Article)
    

    Comment on Article Mentions:   CardioSpectra   Volcano

13. OCT R&D Engineer at Volcano

    Explore Article vfusion (Jun 4 2008) Jobs & Studentships

    Volcano Corporation provides rewarding and challenging employment opportunities for those qualified and selected individuals wishing to join us as we develop, market, and manufacture products that improve the overall quality of medical care. Come join Volcano Corporation - a team leading the way! JOB SUMMARY: Develop and deploy advanced biomedical imaging systems RESPONSIBILITIES: Participate in research and development of advanced intravascular imaging systems Support prototype-to-product engineering stage for advanced imaging ... (Read Full Article)
    

    Comment on Article Mentions:   CardioSpectra   Volcano

14. Vascular imaging leader Volcano acquires IVUS developer Novelis

    Explore Article BioOptics World (May 23 2008) Cardiology , Acquisition

    ...t human use of its OCT imaging catheter, which uses technology it gained in its 2007 acquisition of CardioSpectra. Novelis' proprietary Forward-Looking IVUS technology platform is expected to build upon Volcano's ... (Read Full Article)
    

    Comment on Article Mentions:   Gary S. Mintz   Cardiovascular Research Foundation   Volcano

15. Volcano Announces Acquisition of Novelis, Inc.

    Explore Article PR Newswire (May 19 2008) Cardiology , Acquisition

    ...sed on the achievement of a specific regulatory milestone. "As was the case with our acquisition of CardioSpectra's OCT business, the Novelis offering represents a highly complementary technology to our IVUS offer... (Read Full Article)
    

    Comment on Article Mentions:   Scott Huennekens   CardioSpectra   Volcano

16. Volcano Corp announces 1st human use of Volcano optical catheter

    Explore Article ANTARA News (May 12 2008) Cardiology , Other Business News

    ...coronary imaging and lesion assessment. Volcano acquired the OCT technology through its purchase of CardioSpectra at the end of 2007. Scott Huennekens, President and Chief Executive Officer of Volcano, commented, ... (Read Full Article)
    

    Comment on Article Mentions:   Patrick W. Serruys   Michel Lussier   Scott Huennekens

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