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Vero Biotech

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uuid0000p5j

Namestring
Vero Biotech
Legal namestring
Vero Biotech, Inc.
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Vero Biotech, Inc. is an Atlanta, Georgia-based commercial-stage biopharmaceutical / medical device company that develops and commercializes the GENOSYL Delivery System (DS), the first and only FDA-approved tankless inhaled nitric oxide (iNO) delivery platform. Founded in 2006 (formerly GeNO LLC) and operating as a privately held, venture-backed business with 101-250 employees, the company targets acute-care hospitals, neonatal intensive care units, surgical suites, MRI environments, and inter-hospital transport services. Its flagship product addresses persistent pulmonary hypertension of the newborn (PPHN) and other hypoxic respiratory failure conditions, serving an addressable patient pool of roughly 100,000 neonates annually in the U.S. alone.

The GENOSYL DS platform replaces traditional large compressed-gas nitric oxide cylinders with a compact, 16 oz disposable cassette that generates iNO on demand at the bedside, paired with a proprietary Smart Feedback System that samples iNO at the patient to maintain precise dose control independent of ventilator settings or flow changes. The device is MRI-conditional up to 3.0 Tesla, FAA-tested for ground, fixed-wing, and rotary-wing transport, and is the only system FDA-approved for low-flow rebreathing anesthesia with major anesthesia machines (GE Aisys, Drager Fabius, Getinge Flow-i). Three product generations have received FDA approval across acute care (2019, 2023), MRI/inter-hospital transport (2020), and rebreathing anesthesia in the surgical suite (2023, 2025). A redundant backup console and automatic cassette transition are designed to minimize clinical interruption. The supporting ecosystem includes the VITA Information Transfer & Analytics web platform, the VERO Knowledge Center for clinician training, and Partnership365, a 24/7/365 service program staffed by registered respiratory therapists.

Vero generates revenue primarily through capital sales of GENOSYL DS hardware to acute-care hospitals, supplemented by recurring single-use disposable cassette consumption. Go-to-market is a direct enterprise field-sales motion targeting hospital procurement, respiratory therapy, and anesthesiology departments, augmented by a group purchasing organization channel via Premier Inc., which provides access to approximately 4,400 U.S. hospitals and 250,000 providers. Pricing is quote-based and not publicly disclosed. The company has raised cumulative disclosed funding of roughly $245M+ from 2021-2024 across equity (Runway Growth Capital, MVM Partners, Petrichor) and a $65M debt facility, and has been recognized with the AARC Zenith Award (2024), Premier's Technological Breakthrough designation (2023), and the Georgia Bio Golden Helix Innovation Award (2022).

Short descriptiontext

Vero Biotech is an Atlanta-based commercial-stage medical device company that develops and commercializes the GENOSYL Delivery System, the first and only FDA-approved tankless inhaled nitric oxide delivery platform for acute-care hospitals, NICUs, surgical suites, MRI, and inter-hospital transport. It serves U.S. hospitals via direct enterprise sales and Premier Inc. GPO.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersAtlanta, United States
HQ citystring
Atlanta
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
inhaled nitric oxide delivery, respiratory medical devices, neonatal intensive care, pulmonary hypertension treatment, tankless gas delivery
Industry1 code
1Connected Therapeutics & Smart Drug Delivery Monitoring
CodeHLACAFALPrimaryYes
NAICS code1 code
  • Electromedical and Electrotherapeutic Apparatus Manufacturing334510
SIC code1 code
  • Electromedical & Electrotherapeutic Apparatus3845
Product category
Respiratory Medical Devices
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1GENOSYL Delivery System Sales
TypeHardware Sales
Description

Commercial-stage medical device company generating revenue from sale of GENOSYL DS hardware and disposable cassettes to acute care hospitals. Device sold to hospitals for use in ICU, transport, MRI, and surgical suite settings. Cassettes are single-use disposables requiring ongoing repurchase.

vero-biotech.com
2GENOSYL DS Commercialization
TypeHardware Sales
Description

Revenue generated through commercialization of FDA-approved GENOSYL Delivery System for treating severe pulmonary hypertension in hospitals. Series E funding from MVM Partners specifically supporting growth and market adoption.

prnewswire.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1GENOSYL
Description

The GENOSYL Delivery System (DS) is VERO Biotech's flagship product - a tankless, portable inhaled nitric oxide (iNO) delivery system for treating pulmonary hypertension and hypoxic respiratory failure in neonates.

vero-biotech.com
+2 more records
Core offering1 text field

Vero Biotech manufactures and commercializes the GENOSYL Delivery System (DS), the first and only FDA-approved tankless inhaled nitric oxide (iNO) delivery system. The system generates iNO at the bedside using a patented disposable cassette, eliminating the need for large compressed gas tanks, and is approved for use across ICU, inter-hospital transport, MRI, and low-flow anesthesia settings. Revenue is generated through sales of the GENOSYL DS hardware to acute care hospitals and ongoing purchases of single-use cassettes.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Setup time reduced to less than 2 minutes
+3 more records
Product overview1 text field

VERO Biotech offers a focused product portfolio anchored by the GENOSYL Delivery System (DS), a proprietary tankless inhaled nitric oxide (iNO) delivery system that is the first and only FDA-approved tankless system in its category. The portfolio consists of the GENOSYL DS hardware (available in multiple generations), the GENOSYL therapeutic gas cassette as a single-use consumable, the VITA Information Transfer & Analytics web platform for clinician data access, and the Partnership365 support program staffed by registered respiratory therapists. The system is designed for use across multiple care settings — ICU, inter-hospital transport, MRI suites, and low-flow anesthesia — with a Smart Feedback System for dose precision and built-in redundant backup. The VERO Knowledge Center provides on-demand training and education resources.

Product and service5 records
1GENOSYL Delivery System (DS)
CategoryInhaled Nitric Oxide Delivery System (Hardware)
Description

FDA-approved tankless inhaled nitric oxide (iNO) delivery system that generates and delivers iNO at the bedside using a disposable cassette. Features a Smart Feedback System for precise dosing, redundant backup console, and is approved for use in ICU, ground/fixed-wing/rotary-wing transport, MRI Suite, and low-flow anesthesia environments. Sold to acute care hospitals and health systems.

2GENOSYL DS Cassette
CategoryDisposable Medical Consumable
Description

A compact, 16 oz single-use, disposable cassette that stores at the bedside and generates inhaled nitric oxide on demand using patented technology. Eliminates tank management and reprocessing; automatic cassette transition ensures continuous, uninterrupted dosing. Sold as a recurring consumable to GENOSYL DS customers.

3GENOSYL (nitric oxide) gas, for inhalation
CategoryTherapeutic Gas / Pharmaceutical Agent
Description

Inhaled nitric oxide therapeutic gas indicated to improve oxygenation and reduce the need for extracorporeal membrane oxygenation in term and near-term (>34 weeks gestation) neonates with hypoxic respiratory failure associated with clinical or echocardiographic evidence of pulmonary hypertension, in conjunction with ventilatory support and other appropriate agents.

4VITA Information Transfer & Analytics
CategoryData Analytics Platform
Description

Web-based platform providing information transfer and analytics capabilities for GENOSYL DS users. Clinicians log in to access data related to the delivery system, with an associated mobile app (app.vita.vero-biotech.com) for on-the-go access.

5Partnership365 Service and Support
CategoryCustomer Service and Support Program
Description

24/7/365 support program connecting customers with experienced registered respiratory therapists (10+ years bedside experience) for training, troubleshooting, clinical support, medical information, inventory management, and technical support. Includes on-demand training and education via the VERO Knowledge Center.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2023-06-14
Description

Premier is a leading healthcare improvement company uniting approximately 4,400 U.S. hospitals and 250,000 other providers. VERO Biotech recognized as Innovative Supplier at Premier's Annual Supplier Innovation Celebration and Breakthroughs Conference.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Vapotherm delivers respiratory gas therapy (high-velocity nasal insufflation) to neonatal and adult patients in acute care settings. Addresses overlapping NICU/respiratory customer base with a different delivery modality but competes for similar hospital respiratory therapy budgets.

TypeBroad incumbent
Description

BD is a major medical device manufacturer with broad hospital drug delivery, infusion, and medication management offerings. Competes broadly for hospital formulary and connected therapeutics spend with comparable enterprise sales motion to acute care customers.

TypeBroad incumbent
Description

Masimo offers patient monitoring and connected care platforms in the hospital setting, comparable to Vero's VITA Information Transfer & Analytics platform and Smart Feedback System. Operates in adjacent categories (monitoring vs. delivery) with overlapping hospital customers.

TypeOthers
Description

Getinge's Flow-i anesthesia machine is one of the platforms certified for use with GENOSYL DS. Functions as a complementary vendor in the same surgical suite setting rather than a competitor, but is a relevant comparable for acute care hospital equipment peers.

TypeOthers
Description

Dräger manufactures anesthesia machines (Fabius) and ventilators that GENOSYL DS integrates with for low-flow rebreathing anesthesia. They are a key interoperability partner rather than direct competitor, but operate in the same ICU/OR acute care environment.

TypeDirect peer
Description

Beyond Air developed the LungFit PH, a tankless inhaled nitric oxide delivery system that received FDA approval in 2024. Directly competes with GENOSYL DS in the same PPHN indication with a similar portable, on-demand NO generation approach.

TypeBroad incumbent
Description

ICU Medical manufactures drug delivery and infusion systems for acute care hospitals, overlapping with Vero's smart drug delivery and clinical workflow integration capabilities. Comparable customer base (hospital ICUs) and adjacent product category (connected therapeutic delivery).

TypeOthers
Description

GE HealthCare's Aisys anesthesia machine is one of the platforms GENOSYL DS integrates with for low-flow anesthesia. Operates as a complementary equipment vendor in the same OR acute care environment rather than a direct iNO competitor.

TypeOthers
Description

Inogen specializes in portable respiratory gas delivery (oxygen concentrators) for respiratory patients. Functions as an adjacent respiratory therapy company with a hospital and home-care presence, indirectly comparable as a respiratory drug/gas delivery business.

TypeDirect peer
Description

Mallinckrodt markets INOmax (inhaled nitric oxide), the established tank-based iNO delivery system that is the primary competitor to Vero Biotech's GENOSYL DS in U.S. hospitals. Directly comparable product category, same indication (PPHN, hypoxic respiratory failure), and overlapping hospital customer base.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

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Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

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Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

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Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds8 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Vero Biotech

Respiratory Medical Devicesvero-biotech.com

Vero Biotech is an Atlanta-based commercial-stage medical device company that develops and commercializes the GENOSYL Delivery System, the first and only FDA-approved tankless inhaled nitric oxide delivery platform for acute-care hospitals, NICUs, surgical suites, MRI, and inter-hospital transport. It serves U.S. hospitals via direct enterprise sales and Premier Inc. GPO.

What Vero Biotech does

Vero Biotech, Inc. is an Atlanta, Georgia-based commercial-stage biopharmaceutical / medical device company that develops and commercializes the GENOSYL Delivery System (DS), the first and only FDA-approved tankless inhaled nitric oxide (iNO) delivery platform. Founded in 2006 (formerly GeNO LLC) and operating as a privately held, venture-backed business with 101-250 employees, the company targets acute-care hospitals, neonatal intensive care units, surgical suites, MRI environments, and inter-hospital transport services. Its flagship product addresses persistent pulmonary hypertension of the newborn (PPHN) and other hypoxic respiratory failure conditions, serving an addressable patient pool of roughly 100,000 neonates annually in the U.S. alone.

The GENOSYL DS platform replaces traditional large compressed-gas nitric oxide cylinders with a compact, 16 oz disposable cassette that generates iNO on demand at the bedside, paired with a proprietary Smart Feedback System that samples iNO at the patient to maintain precise dose control independent of ventilator settings or flow changes. The device is MRI-conditional up to 3.0 Tesla, FAA-tested for ground, fixed-wing, and rotary-wing transport, and is the only system FDA-approved for low-flow rebreathing anesthesia with major anesthesia machines (GE Aisys, Drager Fabius, Getinge Flow-i). Three product generations have received FDA approval across acute care (2019, 2023), MRI/inter-hospital transport (2020), and rebreathing anesthesia in the surgical suite (2023, 2025). A redundant backup console and automatic cassette transition are designed to minimize clinical interruption. The supporting ecosystem includes the VITA Information Transfer & Analytics web platform, the VERO Knowledge Center for clinician training, and Partnership365, a 24/7/365 service program staffed by registered respiratory therapists.

Vero generates revenue primarily through capital sales of GENOSYL DS hardware to acute-care hospitals, supplemented by recurring single-use disposable cassette consumption. Go-to-market is a direct enterprise field-sales motion targeting hospital procurement, respiratory therapy, and anesthesiology departments, augmented by a group purchasing organization channel via Premier Inc., which provides access to approximately 4,400 U.S. hospitals and 250,000 providers. Pricing is quote-based and not publicly disclosed. The company has raised cumulative disclosed funding of roughly $245M+ from 2021-2024 across equity (Runway Growth Capital, MVM Partners, Petrichor) and a $65M debt facility, and has been recognized with the AARC Zenith Award (2024), Premier's Technological Breakthrough designation (2023), and the Georgia Bio Golden Helix Innovation Award (2022).

Vero Biotech firmographics

Firmographics
Name
Vero Biotech
Legal name
Vero Biotech, Inc.
Website
https://vero-biotech.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
101–250 employees
Short description
Vero Biotech is an Atlanta-based commercial-stage medical device company that develops and commercializes the GENOSYL Delivery System, the first and only FDA-approved tankless inhaled nitric oxide delivery platform for acute-care hospitals, NICUs, surgical suites, MRI, and inter-hospital transport. It serves U.S. hospitals via direct enterprise sales and Premier Inc. GPO.
Ownership category
akta.pro rank

Vero Biotech industry classification

Industry
Product category
Respiratory Medical Devices
NAICS
Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
SIC
Electromedical & Electrotherapeutic Apparatus (3845)
akta.pro primary industry
Connected Therapeutics & Smart Drug Delivery Monitoring (HLACAFAL)

Keywords

  • Inhaled nitric oxide delivery
  • Respiratory medical devices
  • Neonatal intensive care
  • Pulmonary hypertension treatment
  • Tankless gas delivery

Where Vero Biotech is headquartered

Location

Headquarters

HQ city
Atlanta
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Vero Biotech business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Technology or R&D, Marketing or Sales, Operations

Revenue model

  1. GENOSYL Delivery System Sales: Commercial-stage medical device company generating revenue from sale of GENOSYL DS hardware and disposable cassettes to acute care hospitals. Device sold to hospitals for use in ICU, transport, MRI, and surgical suite settings. Cassettes are single-use disposables requiring ongoing repurchase.
  2. GENOSYL DS Commercialization: Revenue generated through commercialization of FDA-approved GENOSYL Delivery System for treating severe pulmonary hypertension in hospitals. Series E funding from MVM Partners specifically supporting growth and market adoption.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Vero Biotech product offering

Product offering

Core offering

Vero Biotech manufactures and commercializes the GENOSYL Delivery System (DS), the first and only FDA-approved tankless inhaled nitric oxide (iNO) delivery system. The system generates iNO at the bedside using a patented disposable cassette, eliminating the need for large compressed gas tanks, and is approved for use across ICU, inter-hospital transport, MRI, and low-flow anesthesia settings. Revenue is generated through sales of the GENOSYL DS hardware to acute care hospitals and ongoing purchases of single-use cassettes.

Product overview

VERO Biotech offers a focused product portfolio anchored by the GENOSYL Delivery System (DS), a proprietary tankless inhaled nitric oxide (iNO) delivery system that is the first and only FDA-approved tankless system in its category. The portfolio consists of the GENOSYL DS hardware (available in multiple generations), the GENOSYL therapeutic gas cassette as a single-use consumable, the VITA Information Transfer & Analytics web platform for clinician data access, and the Partnership365 support program staffed by registered respiratory therapists. The system is designed for use across multiple care settings — ICU, inter-hospital transport, MRI suites, and low-flow anesthesia — with a Smart Feedback System for dose precision and built-in redundant backup. The VERO Knowledge Center provides on-demand training and education resources.

Differentiator

Problem solved

Functional benefit

Brands

  • GENOSYL: The GENOSYL Delivery System (DS) is VERO Biotech's flagship product - a tankless, portable inhaled nitric oxide (iNO) delivery system for treating pulmonary hypertension and hypoxic respiratory failure in neonates.
  • VITA
  • Partnership365

Products and services

  • GENOSYL Delivery System (DS) FDA-approved tankless inhaled nitric oxide (iNO) delivery system that generates and delivers iNO at the bedside using a disposable cassette. Features a Smart Feedback System for precise dosing, redundant backup console, and is approved for use in ICU, ground/fixed-wing/rotary-wing transport, MRI Suite, and low-flow anesthesia environments. Sold to acute care hospitals and health systems.
  • GENOSYL DS Cassette A compact, 16 oz single-use, disposable cassette that stores at the bedside and generates inhaled nitric oxide on demand using patented technology. Eliminates tank management and reprocessing; automatic cassette transition ensures continuous, uninterrupted dosing. Sold as a recurring consumable to GENOSYL DS customers.
  • GENOSYL (nitric oxide) gas, for inhalation Inhaled nitric oxide therapeutic gas indicated to improve oxygenation and reduce the need for extracorporeal membrane oxygenation in term and near-term (>34 weeks gestation) neonates with hypoxic respiratory failure associated with clinical or echocardiographic evidence of pulmonary hypertension, in conjunction with ventilatory support and other appropriate agents.
  • VITA Information Transfer & Analytics Web-based platform providing information transfer and analytics capabilities for GENOSYL DS users. Clinicians log in to access data related to the delivery system, with an associated mobile app (app.vita.vero-biotech.com) for on-the-go access.
  • Partnership365 Service and Support 24/7/365 support program connecting customers with experienced registered respiratory therapists (10+ years bedside experience) for training, troubleshooting, clinical support, medical information, inventory management, and technical support. Includes on-demand training and education via the VERO Knowledge Center.

Quantifiable outcome

  • Setup time reduced to less than 2 minutes
  • +3 more outcomes

Companies that use Vero Biotech

Customer profile

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Vero Biotech technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Vero Biotech partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Premier Inc.coreChannel Partner/ Reseller/ Distributor · 14 June 2023Premier is a leading healthcare improvement company uniting approximately 4,400 U.S. hospitals and 250,000 other providers. VERO Biotech recognized as Innovative Supplier at Premier's Annual Supplier Innovation Celebration and Breakthroughs Conference.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Vero Biotech competitors and assessment

Company assessment

Emerging players

  • Vapotherm: Vapotherm delivers respiratory gas therapy (high-velocity nasal insufflation) to neonatal and adult patients in acute care settings. Addresses overlapping NICU/respiratory customer base with a different delivery modality but competes for similar hospital respiratory therapy budgets.

Broad incumbents

  • Becton Dickinson (BD): BD is a major medical device manufacturer with broad hospital drug delivery, infusion, and medication management offerings. Competes broadly for hospital formulary and connected therapeutics spend with comparable enterprise sales motion to acute care customers.
  • Masimo: Masimo offers patient monitoring and connected care platforms in the hospital setting, comparable to Vero's VITA Information Transfer & Analytics platform and Smart Feedback System. Operates in adjacent categories (monitoring vs. delivery) with overlapping hospital customers.
  • ICU Medical: ICU Medical manufactures drug delivery and infusion systems for acute care hospitals, overlapping with Vero's smart drug delivery and clinical workflow integration capabilities. Comparable customer base (hospital ICUs) and adjacent product category (connected therapeutic delivery).

Others

  • Getinge: Getinge's Flow-i anesthesia machine is one of the platforms certified for use with GENOSYL DS. Functions as a complementary vendor in the same surgical suite setting rather than a competitor, but is a relevant comparable for acute care hospital equipment peers.
  • Drägerwerk: Dräger manufactures anesthesia machines (Fabius) and ventilators that GENOSYL DS integrates with for low-flow rebreathing anesthesia. They are a key interoperability partner rather than direct competitor, but operate in the same ICU/OR acute care environment.
  • GE HealthCare: GE HealthCare's Aisys anesthesia machine is one of the platforms GENOSYL DS integrates with for low-flow anesthesia. Operates as a complementary equipment vendor in the same OR acute care environment rather than a direct iNO competitor.
  • Inogen: Inogen specializes in portable respiratory gas delivery (oxygen concentrators) for respiratory patients. Functions as an adjacent respiratory therapy company with a hospital and home-care presence, indirectly comparable as a respiratory drug/gas delivery business.

Direct peers

  • Beyond Air: Beyond Air developed the LungFit PH, a tankless inhaled nitric oxide delivery system that received FDA approval in 2024. Directly competes with GENOSYL DS in the same PPHN indication with a similar portable, on-demand NO generation approach.
  • Mallinckrodt Pharmaceuticals: Mallinckrodt markets INOmax (inhaled nitric oxide), the established tank-based iNO delivery system that is the primary competitor to Vero Biotech's GENOSYL DS in U.S. hospitals. Directly comparable product category, same indication (PPHN, hypoxic respiratory failure), and overlapping hospital customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Vero Biotech social profiles

Digital presence

Vero Biotech financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Vero Biotech leadership team

Management profile

Number of profiles

Profiles4 records

Vero Biotech funding detail

Funding detail

Funding overview

Funding rounds8 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Vero Biotech M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vero Biotech

What does Vero Biotech do?

Vero Biotech manufactures and commercializes the GENOSYL Delivery System (DS), the first and only FDA-approved tankless inhaled nitric oxide (iNO) delivery system. The system generates iNO at the bedside using a patented disposable cassette, eliminating the need for large compressed gas tanks, and is approved for use across ICU, inter-hospital transport, MRI, and low-flow anesthesia settings. Revenue is generated through sales of the GENOSYL DS hardware to acute care hospitals and ongoing purchases of single-use cassettes.

Is Vero Biotech a public or private company?

Vero Biotech is a private company. It is classified as venture growth investor backed and is currently operating.

When was Vero Biotech founded?

Vero Biotech was founded in 2019. It employs 101 to 250 people.

Where is Vero Biotech based?

Vero Biotech is headquartered in Atlanta, United States, in the North America region.

How does Vero Biotech make money?

Two revenue lines are on record. GENOSYL Delivery System Sales are the primary driver. The others are GENOSYL DS Commercialization.

Who are Vero Biotech's main competitors?

Vapotherm is listed as an emerging player. Broad incumbents are Becton Dickinson (BD), Masimo and ICU Medical. Others are Getinge, Drägerwerk, GE HealthCare and Inogen. Direct peers are Beyond Air and Mallinckrodt Pharmaceuticals.

Does Vero Biotech have an API?

No public API is recorded for Vero Biotech.

What industry is Vero Biotech in?

Vero Biotech's product category is Respiratory Medical Devices. Its primary akta.pro industry code is HLACAFAL, Connected Therapeutics & Smart Drug Delivery Monitoring. Its NAICS code is 334510 and its SIC code is 3845.

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Live signals
Astute AnalyticaInhaled Nitric Oxide Market Size, Share & Industry Report [2033]The global inhaled nitric oxide market was valued at US$266.17 million in 2024 and is projected to reach US$474.72 million by 2033, growing at a CAGR of 6.64% during 2025–2033, driven by increasing adoption in neonatal, pediatric, and adult respiratory care. Europe leads the market with a 41.3% share, supported by advanced healthcare infrastructure and robust clinical research networks, while the pediatric segment dominates by type at 77.5% market share. Key industry players including Air Liquide Healthcare, LINDE, Mallinckrodt Pharmaceuticals, and Vero Biotech continue to expand cylinder-based and portable iNO delivery systems to meet rising demand across hospitals, which account for 85.59% of market usage.Coherent Market InsightsInhaled Nitric Oxide Market to reach USD 2.21 Bn by 2032Coherent Market Insights released a market intelligence report showing the global inhaled nitric oxide market is projected to grow from USD 1.31 billion in 2025 to USD 2.21 billion by 2032, representing a compound annual growth rate of 7.7%. The market expansion is driven by increasing incidence of respiratory conditions, rising investments in respiratory therapies, and innovations in drug delivery systems, with growing applications in neonatal care, pulmonary hypertension, and postoperative cardiac treatment. Key developments include FDA clearances for next-generation delivery systems by Mallinckrodt and VERO Biotech, and Beyond Air's expansion of global distribution channels for its LungFit PH product across France, Romania, Turkey, and Morocco.Respiratory TherapyFDA Approves 2nd Gen Genosyl Delivery System for AnesthesiaVero Biotech Inc announced FDA approval of its second-generation Genosyl tankless inhaled nitric oxide delivery system for use with rebreathing anesthesia in the operating room setting, making it the first and only iNO device approved for both rebreathing and non-rebreathing anesthesia methods. The approval enables lower gas flows, reduced use of costly anesthetic agents, increased patient comfort, and streamlined care delivery from ICU through surgery to post-operative recovery. The company is currently conducting similar validations for its third-generation device with results expected this quarter.DrugdeliverybusinessFDA approves Genosyl system from Vero Biotech for OR settingsThe FDA approved Vero Biotech's second-generation Genosyl system for use with rebreathing anesthesia in operating room settings, making it the first and only inhaled nitric oxide delivery device approved for both rebreathing and non-rebreathing anesthesia methods. The approval enables anesthesiologists to use rebreathing anesthesia without workarounds and is expected to deliver cost savings through reduced anesthetic agent use, decreased environmental pollution, and improved workflow efficiency from ICU through post-operative care. Vero Biotech expects data for the third-generation device in the first quarter of this year.Respiratory Therapy3rd Generation Tankless Inhaled Nitric Oxide System Gets FDA ApprovalThe US FDA approved the third-generation Genosyl Delivery System, a tankless inhaled nitric oxide therapy device developed by Vero Biotech Inc. The device features faster dosing through adaptive sensor technology, a simplified dual cassette bay workflow that eliminates the need for multiple consoles, and improved operational efficiency with a smaller, lighter cassette design for hospitals.Vero-BiotechVERO Biotech Raises $30 Million to Accelerate Commercialization of Its Innovative Tankless Inhaled Nitric Oxide Delivery SystemVERO Biotech Inc. announced the successful close of a $30 million financing round led by Petrichor, a healthcare-dedicated growth capital provider, with Partner Patrick Lally joining VERO Biotech's Board of Directors. The proceeds will support further development and commercialization of the GENOSYL Delivery System, a tankless inhaled nitric oxide delivery system whose third-generation design was recently approved by the FDA and represents the first innovation in iNO technology in 20 years. The funding reflects Petrichor's confidence in VERO Biotech's commercial growth and its commitment to addressing unmet needs in neonatal intensive care for treatment of persistent pulmonary hypertension of the newborn.PR NewswireVERO Biotech Raises $30 Million to Accelerate Commercialization of Its Innovative Tankless Inhaled Nitric Oxide Delivery SystemVERO Biotech Inc. has closed a $30 million financing round led by Petrichor to support the commercialization of its GENOSYL Delivery System, a tankless inhaled nitric oxide device for neonatal care. The funding follows the recent FDA approval of the system's third generation and includes Patrick Lally from Petrichor joining VERO Biotech's Board of Directors.FinSMEsVero Biotech Raises $30M in FinancingVero Biotech raised $30 million in funding led by Petrichor, with Patrick Lally joining the company's Board of Directors. The capital will support the development and commercialization of its GENOSYL Delivery System, a tankless inhaled nitric oxide device recently approved by the FDA.Vero-BiotechInhaled Nitric Oxide Delivery SystemVERO Biotech is promoting its GENOSYL® Delivery System, which it describes as the only inhaled nitric oxide device approved for use across all areas of care without requiring changes. The company highlights its Partnership365™ service model, offering 24/7 clinical support and inventory management to customers.DrugdeliverybusinessFDA approves Vero Biotech inhaled nitric oxide delivery systemVero Biotech announced FDA approval for its third-generation Genosyl tankless inhaled nitric oxide delivery system, developed for acute care hospital settings. The system features faster dosing, an adaptive sensor, automated cassette activation, and a dual cassette bay that transitions cassettes automatically, all aimed at improving operational efficiency for respiratory therapists. The Genosyl system generates iNO at the bedside using a small disposable cassette and is designed to improve oxygenation in neonates with hypoxic respiratory failure and pulmonary hypertension.