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Wheaton-based Medical Ingenuities designs medical devices, including the PH Band System for closing radial artery procedures.
Medical Ingenuities sells its FDA-cleared PH Band System, which uses real-time Doppler feedback to confirm blood flow after radial artery closure. Its main customers are interventional cardiologists and vascular surgeons in hospitals and outpatient surgical centers in the United States, who buy through procurement contracts. Founded in 2011 by Tony Olivito, the company is at seed stage, with seed funding raised in May 2021 led by Genesis Innovation Group and two deals completed to date.
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