Conavi Medical Corp - Company Profile
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Conavi Medical Corp (Conavi), formerly Titan Medical Inc, is a medical device company. It specializes in imaging technologies for minimally invasive cardiovascular procedures. The company's lead product, the Novasight Hybrid System, is designed for use in coronary artery procedures, offering superior imaging capabilities without the trade-offs typically associated with combining different modalities. It is the first intravascular imaging system to seamlessly integrate both intravascular ultrasound (IVUS) and optical coherence tomography (OCT) into a single platform, providing simultaneous and co-registered imaging of coronary arteries. It is intended for intravascular imaging in patients undergoing transluminal interventional procedures. Conavi is headquartered in Toronto, Ontario, Canada.
Headquarters
Canada
Address
76 Berkeley Street, Toronto, Ontario, M5A2W7
Website
www.conavi.com
Telephone
1 416 4830100
No of Employees
52
Industry
Medical Equipment
Ticker Symbol & Exchange
CNVI (CVE)
Revenue (2024)
$1.6M
EPS
XYZ
Net Income (2024)
XYZ
116.3%
(2024 vs 2023)
Market Cap*
$13.6M
Net Profit Margin (2024)
XYZ
0.0%
(2024 vs 2023)
* As of and is in US$
Conavi Medical Corp premium industry data and analytics
Products and Services
| Products |
|---|
| Novasight Hybrid System |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Regulatory Approval | In December, East Ocean Medical (Hong Kong) Company Limited (EOM), the company's exclusive licensing partner in China, received approval from the China National Medical Products Administration (NMPA) for its coronary imaging system based on the Novasight Hybrid System intellectual property. |
| 2024 | Acquisitions/Mergers/Takeovers | In October, the company merged with Conavi Medical. |
| 2023 | Contracts/Agreements | In August, the company signed a license agreement with Auris Health Inc for a portion of its IP. |
Competitor Comparison
| Key Parameters | Conavi Medical Corp | Abbott Laboratories | Perimeter Medical Imaging Inc | Auris Health Inc | InfraReDx Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | Canada | United States of America | United States of America |
| City | Toronto | Abbott Park | Toronto | Redwood City | Bedford |
| State/Province | Ontario | Illinois | Ontario | California | Massachusetts |
| No. of Employees | 52 | 115,000 | 38 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Quick | Chief Financial Officer | Senior Management | 2025 | - |
| Aaron Davidson | Chairman | Executive Board | - | - |
| Thomas Looby | Chief Executive Officer; Director | Executive Board | - | - |
| Amandeep Thind | Chief Technology Officer | Senior Management | - | - |
| John Lefavour | Vice President - Operations | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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