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Avinger, Inc.(AVGR)

NASDAQ Capital Market
Sector: Healthcare | Industry: Medical - Instruments & Supplies
Avinger, Inc. logo

Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and internationally. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures. The company's lumivascular products comprise Lightbox imaging consoles, as well as the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery; and Pantheris, an image-guided atherectomy device that allows physicians to precisely remove arterial plaque in PAD patients. In addition, its first-generation chronic total occlusion (CTO)-crossing catheters, Wildcat and Kittycat 2, which employs a proprietary design that uses a rotational spinning technique allowing the physician to switch between passive and active modes when navigating across a CTO. Further, the company develops IMAGE-BTK for the treatment of PAD lesions below-the-knee. It markets and sells its products to interventional cardiologists, vascular surgeons, and interventional radiologists. Avinger, Inc. was incorporated in 2007 and is headquartered in Redwood City, California.

Latest News & Analysis

Avinger files for assignment for the benefit of creditors and faces Nasdaq delisting amidst financial challenges. Learn about the implications for investors and the PAD device market.
Feb 21, 2025

Avinger Files for Assignment: Nasdaq Delisting Looms

Avinger faces financial distress with an ABC filing and Nasdaq delisting. Analysis of market impact, product portfolio, and stakeholder implications.

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Avinger Inc. Financial Crisis: Analysis of recent developments, including assignment for benefit of creditors and Nasdaq delisting. Deep dive into strategy, market impact, and recovery options for AVGR.
Feb 20, 2025

Avinger, Inc. Announces Major Business Developments | Latest Industry News

Avinger, Inc. faces financial turmoil with Nasdaq delisting notice and creditor assignment, impacting stock performance and future prospects.

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