Loading organizations...
Ictero Medical is a technology company.
Ictero Medical develops medical devices for gallstone disease, specifically a minimally invasive cryoablation system. This technology ablates the gallbladder, offering a therapeutic alternative for high-risk patients unable to undergo traditional surgical removal. It addresses a significant unmet need by providing a less invasive option for this prevalent condition.
The company was founded in 2018 by Matthew Nojoomi and David Waters, emerging from the Texas Medical Center's Biodesign Fellowship program. Their insight stemmed from identifying a critical gap in treatment for patients with symptomatic gallstone disease facing elevated surgical risks, prompting a novel, less invasive therapeutic approach.
Ictero Medical's product serves high-risk patients with symptomatic gallstone disease, providing a viable option where few safe alternatives exist. The company’s vision is to advance patient care by delivering innovative, minimally invasive solutions that address substantial medical challenges, aiming to improve outcomes for individuals with complex gastrointestinal conditions.
Ictero Medical has raised $6.0M across 1 funding round.
Ictero Medical has raised $6.0M in total across 1 funding round.
Ictero Medical has raised $6.0M in total across 1 funding round.
Ictero Medical's investors include John Fichthorn, Kim Rodriguez, S3 Ventures.
Ictero Medical is a Houston-based medical device company developing a minimally invasive, catheter‑based cryoablation system (the CholeSafe System) to treat gallstone disease by defunctionalizing the gallbladder as an alternative to surgical removal[1][3].
High‑Level Overview
Ictero Medical builds a catheter-delivered cryoablation therapy (CholeSafe) intended to offer a non‑surgical treatment option for patients with symptomatic gallstones, especially high‑risk surgical candidates[1][3]. The product is designed for use in the interventional radiology suite and aims to preserve the gallbladder while eliminating its function, reducing the need for cholecystectomy in patients who would otherwise have limited options[1][3]. The company has early‑stage commercial/clinical momentum backed by grant funding and venture rounds (including a Series A/seed funding history and an NSF Phase I grant) to accelerate regulatory and clinical development[1][3][2].
Origin Story
Ictero Medical was founded in 2018 out of the Texas Medical Center’s Biodesign Fellowship program in Houston[2][3]. The founding team, led by co‑founder and CEO Matthew Nojoomi, emerged from a clinical problem: over one million U.S. patients annually undergo gallbladder removal for symptomatic gallstones, yet a sizable group of high‑risk or critically ill patients lack safe alternatives to surgery[3]. Early validation and traction included NSF Phase I grant support, seed funding co‑led by the Texas Medical Center Venture Fund and Texas HALO Fund, and strategic partnerships for engineering and manufacturing assistance to accelerate development[3].
Core Differentiators
Role in the Broader Tech/Healthcare Landscape
Ictero sits at the intersection of minimally invasive interventional therapies and device innovation addressing unmet needs in gastroenterology/hepatobiliary care[1][3]. The company rides two favorable trends: growing adoption of image‑guided, catheter‑based interventions that reduce surgical burden, and clinical demand for alternatives for patients at high surgical risk[3]. Timing matters because health systems increasingly favor procedures that reduce length of stay and perioperative risk, which could make a non‑surgical gallbladder solution appealing to payers and providers[3]. If clinically validated, Ictero’s approach could shift a subset of gallstone care from the OR to the IR suite and influence device development focused on organ‑preserving ablation therapies[1][3].
Quick Take & Future Outlook
Ictero’s immediate priorities are advancing regulatory clearance and clinical data generation to prove safety and effectiveness in the target high‑risk population[3]. Near‑term milestones likely to shape valuation and adoption include successful pivotal/feasibility studies, regulatory submission/clearance, and early clinical adoption in interventional radiology centers[3]. Longer term, the company could expand indications beyond high‑risk patients to those seeking organ‑preserving alternatives to cholecystectomy, and its platform approach to cryoablation could inform adjacent device applications[1][3]. Continued partnerships for manufacturing and capital support will be important to translate clinical validation into scalable commercial deployment[3].
If you’d like, I can:- Summarize the company’s funding timeline and investors in a short table;- Pull relevant patent filings and their status; or- Find recent clinical trial registrations or publications for the CholeSafe System.
Ictero Medical has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Series A in December 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2021 | $6.0M Series A | John Fichthorn, Kim Rodriguez | S3 Ventures |