Medical Device Startup, IntelliRad Control, Raises $5.3 Million to Reduce Radiation in Medical Procedures

Company name: IntelliRad Control. Location: Radnor, Pennsylvania. Industry: medical device with applications for cardiology, orthopedics, etc. Money raised: $5.3 million, according to documents filed with the U.S. Securities and Exchange Commission. A device to “dramatically reduce the dose of radiation used in diagnostic and therapeutic procedures without changing the physician-patient experience or utility of the study” for procedures such as cardiac catheterization and orthopedic surgery, according to a short statement made by CEO and chairman Steven Nichtberger in an interview with MedCity News.

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