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NICO Corporation
Medical Devices & Tech
9190 Priority Way West Drive, Suite 203
Indianapolis, IN 46240 USA
phone:317-660-7118
fax:
Symbol Private
Founded 2007
Employees 11
www.niconeuro.com
Research Sector Medical Devices & Tech
Summary Description
Brain and Spine Tumor Removal System
Management
Jim Pearson, Co-Founder and CEO; Jeffrey Hanthorn, Vice President & COO and Board Director; Joseph Mark, Chief Technology Officer and Board Director
Keywords
Neurology, Orthopedics, Surgery, Neurosurgery, Spinal Surgery, Skull Base Surgery

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Updated: Jul. 20, 2009

Products / Services
The NICO Myriad System was developed for patients requiring the resection of neuro and spine tumors in an industry that has not seen technological improvements in the area of tissue resection for a significant period of time. The NICO Myriad's fully disposable handpiece is available in a variety of diameters, lengths and configurations to meet the diverse needs of patients and procedures. The handpiece is also available for use with a rigid working channel scope.
Market / Customers
NICO's products are designed for use in minimally invasive neurosurgical procedures such as endonasal, retrosigmoidal, supra-occipital, and open craniotomy approaches, including spinal surgery. Our patented products make endoscopic approaches a reality and minimize the need for large craniotomies, giving the clinician opportunities for reduced procedural trauma for the patient. Regardless of the clinical approach, NICO provides the clinician with a more controlled, more efficient and less traumatic alternative to traditional tumor resection. NICO's technology objectives include improved clinical and economic outcomes for the patient and the healthcare facility.
Status
The company closed on a $10 million round of funding from Indiana-based Clarian Health Ventures, Twilight Venture Partners and the Halo Group and Cincinnati-based River City Capital-among other investors-in July 2009. The NICO Myriad system has been used in about 80 patients at facilities including the University of Pittsburgh Medical Center and in Indianapolis at St. Vincent Health and Methodist Hospital, which is part of Clarian Health.