Making It Work: Medical device start-up aims to carve own niche in €1bn market | Business Post

Judi O’Malley, a medical device expert who spent 11 years as a vascular physiologist with the HSE, founded Spiorad Medical in mid 2021. Picture by Fergal Phillips

The company was founded in mid-2021 by Judi O’Malley, a medical device expert who spent 11 years as a vascular physiologist with the HSE, and Dr Samer Arnous, a cardiologist with particular expertise in complex coronary and structural heart interventions. The firm already has seven staff members on board and has ambitions to carve out a niche for itself in the vascular closure market, which is valued at more than €1 billion. It is planning to begin animal trials this year and conduct human trials by the end of 2023. By 2024, the company expects to employ 22 staff members.

Patients with cardiovascular issues often undergo a procedure where a catheter is inserted into the femoral artery, the main blood vessel supplying blood to the lower body. After catheterisation, the artery has to be closed up, but O’Malley said the options available on the market come with issues. “I really wanted to offer something that was easier to use, and that would mitigate that risk,” she said.

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