Argon Medical Devices

What Argon Medical Devices does

Argon Medical Devices is a global specialty medical device manufacturer founded in 1972 and headquartered in Plano, Texas, that designs, manufactures, and commercializes interventional devices for interventional radiologists, vascular surgeons, interventional cardiologists, and oncology specialists. The product portfolio spans thrombectomy systems (CLEANER Vac, CLEANER Rotational), biopsy instruments (BioPince Ultra, SuperCore Advantage, Tru-Core II), drainage catheters (SKATER), vascular access products (Kodiak Dual Port Introducer, Intara Introducer Sheath, Traveler and Scorpion Portal Vein Access), retrievable IVC filters (Option ELITE), snares (Halo, Single/Triple-Loop), liver biopsy systems (TLAB with Flexcore and Tru-Track Trocar Tip technologies), and microcatheters (SeQure reflux control, DraKon) acquired from Guerbet SA in January 2025. Differentiated features include Flexcore needle technology, the only reflux control microcatheter on the market (SeQure), and the manual powered aspiration architecture of CLEANER Vac, which is backed by 110-patient clinical case data showing 85% mean clot clearance and zero device-related complications.

The company operates a B2B business model selling proprietary disposable medical devices directly to 5,000+ healthcare customers through an internal sales organization and a global distributor network spanning 114+ countries across the Americas, EMEA, APAC, and LATAM. Argon also generates revenue through its Custom Product Solutions (CPS) business, providing contract manufacturing and product co-development services to other medical device firms. Pricing is not publicly disclosed and is set through direct sales quotes and distributor agreements based on volume, procedure type, and customer relationship. The company owns four manufacturing facilities (Plano and Athens, Texas; Wheeling, Illinois; Rochester, New York; plus Portage, Wisconsin via the December 2021 Matrex Mold and Tool acquisition), operates regional offices in Munich, Copenhagen, Stockholm, Hong Kong, and Shanghai, and has recently opened new hubs including a 20,000+ sq ft Distribution & Education Centre in Derby, UK (July 2025) and an Asia-Pacific Operations Facility in Singapore (April 2026).

Under Roundtable Healthcare Partners ownership since 2009, Argon has executed a sustained roll-up acquisition strategy spanning Becton Dickinson's critical care/PICC business (2010), AngioTech Interventional (2013), US Biopsy (2014), Rex Medical thrombectomy and filter assets (2015), Matrex Mold and Tool (2021), and SeQure/DraKon microcatheters (2025). Clinical evidence generation is a core commercial lever, anchored by the American Venous Forum partnership on the CLEAR-VIEW XT prospective 185-patient DVT study, the CLEAN-PE pulmonary embolism study, and ongoing publication of clinical data such as the 110-patient CLEANER Vac case series. Leadership includes President & CEO George Leondis (since 2009), SVP & CFO Vicky Shen (joined 2024 from Edwards Lifesciences), SVP R&D Meir Dahan, and regional GMs covering EMEA/APAC and China.

Name

Argon Medical Devices

Legal name

Argon Medical Devices, Inc.

Website

https://argonmedical.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Argon Medical Devices is a global specialty manufacturer of interventional medical devices serving interventional radiologists, vascular surgeons, cardiologists, and oncologists across 114+ countries with thrombectomy, biopsy, drainage, vascular access, IVC filter, and microcatheter products.

Ownership category

akta.pro rank

Product category

Interventional Medical Devices

NAICS

Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113), Medical Equipment and Supplies Manufacturing (3391)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Thrombectomy, Embolic Protection & Stroke Intervention Devices (HLAHAFAJ)

akta.pro secondary industries

Endoscopic Therapeutic & Access Devices (Trocars, dilators, biopsy/ablation tools) (HLAHADAN), Endoscopy Systems & Accessories (Scopes, Cameras, Light Sources, Insufflation) (HLAHADAB), Vascular Access Devices (AV Grafts, Catheters, Fistula Accessories) (HLAHAKAE)

Keywords

• Interventional radiology devices
• Medical device manufacturing
• Thrombectomy systems
• Biopsy instruments
• Vascular access devices

Headquarters

HQ city

Plano

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Medical Device Product Sales: Argon Medical Devices generates revenue through the sale of specialty medical devices for interventional radiology, vascular surgery, interventional cardiology, and oncology procedures. Products include thrombectomy systems, biopsy instruments, drainage catheters, vena cava filters, introducer sheaths, and portal vein access devices. The company sells directly through its internal sales organization and through distributor networks globally.
2. Contract Manufacturing Services: The company serves as a contracted manufacturing partner for other medical device firms, providing manufacturing capabilities and capacity.
3. Custom Product Solutions (CPS): Argon offers custom product solutions through collaboration with customers to accelerate product development and bring new medical devices to market.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Argon Medical Devices manufactures specialty medical devices used in interventional radiology, vascular surgery, interventional cardiology, and interventional oncology procedures. The product portfolio spans thrombectomy systems, full-core and semi-automatic biopsy instruments, percutaneous drainage catheters, retrievable vena cava filters, introducer sheaths, portal vein access sets, and microcatheters for embolic delivery.

Product overview

Argon Medical Devices is a medical device manufacturer specializing in interventional radiology, vascular surgery, interventional cardiology, and oncology procedures. The company offers a diversified portfolio of specialty medical devices organized into key product categories: thrombectomy systems (CLEANER Vac, CLEANER Rotational), biopsy instruments (BioPince Ultra, SuperCore Advantage, Tru-Core II), drainage catheters (SKATER), vascular access products (Kodiak, Intara, Traveler, Scorpion), IVC filters (Option ELITE), snares (Halo, Single/ Triple-Loop), microcatheters (SeQure, DraKon), and liver biopsy systems (TLAB). The company also provides Custom Product Solutions (CPS) for specialized manufacturing needs and operates as a contracted manufacturing partner for other medical device firms. Products are sold directly to over 5,000 customers and through a global distributor network spanning 114+ countries.

Differentiator

Problem solved

Functional benefit

Brands

• Option ELITE: Retrievable Vena Cava Filter
• CLEANER
• CLEANER Vac
• BioPince Ultra
• SKATER
• Scorpion
• Traveler
• TLAB
• Kodiak
• Intara
• SeQure
• DraKon

Products and services

• CLEANER Vac Thrombectomy System Disposable large-bore aspiration thrombectomy system designed to quickly and effectively remove blood clots from the peripheral venous vasculature through manually controlled powered aspiration. Used by interventional radiologists, vascular surgeons, and interventional cardiologists for thrombus removal.
• CLEANER Rotational Thrombectomy System Rotational thrombectomy system for mechanically removing blood clots from vessels using a rotating mechanism. Used in interventional radiology and vascular surgery procedures.
• Option ELITE Retrievable Vena Cava Filter Retrievable inferior vena cava (IVC) filter designed to prevent pulmonary embolism by trapping blood clots before they reach the lungs. Used by vascular surgeons and interventional radiologists.
• BioPince Ultra Full Core Biopsy Instrument Full-core biopsy instrument designed to collect consistent, high-quality tissue samples for diagnostic procedures. Provides larger intact core samples compared to conventional core biopsy needles for improved diagnostic accuracy.
• SKATER Drainage Catheters All-purpose, nephrostomy, and mini-loop percutaneous drainage catheters used for fluid drainage applications in interventional radiology procedures.
• Scorpion Portal Vein Access Series TIPS (transjugular intrahepatic portosystemic shunt) access systems providing physicians reliable control of needle tip direction and angle for portal vein access procedures.
• TRAVELER Portal Vein Access Series Portal vein access sets (TRAVELER 16, 21, and 38) for TIPS procedures featuring improved component visualization and durability enhancements for complex liver procedures.
• Kodiak Dual Port Coaxial Introducer Kit Versatile introducer kit with Y-shaped adapter enabling simultaneous introduction of multiple components through a single access site for complex vascular procedures. Includes twist-lock connections and hemostasis valves.
• Intara Introducer Sheath 10-French kink-resistant introducer sheath with enhanced visibility for introducing, navigating, and delivering therapeutic or diagnostic devices into the vasculature.
• TLAB Transvenous Liver Biopsy System Transjugular and transfemoral liver biopsy system with Flexcore technology for navigating and collecting tissue samples at typical or acute angles during liver procedures. Includes Tru-Track Trocar Tip design and Safety Funnel feature.
• SeQure Reflux Control Microcatheter Reflux control microcatheter designed to create a fluid barrier that directs the flow of therapeutic agents and devices toward the intended target during interventional oncology procedures.
• DraKon Microcatheter Microcatheter known for trackability through tortuous vessels, hydrophilic coating performance, and efficient delivery of contrast and embolic agents in interventional oncology procedures.
• Single-Loop and Triple-Loop Retrieval Kit Snare-based retrieval kits used for removing foreign objects from the vasculature during interventional procedures.
• SuperCore Advantage Semi-Automatic Biopsy Instrument Semi-automatic biopsy instrument for soft tissue sampling procedures across multiple anatomical locations.
• Halo Single-Loop Snare Kit Single-loop snare system used for foreign body retrieval and vascular procedures.
• Pro-Mag Ultra Automatic Biopsy Instrument Automatic biopsy instrument for consistent tissue acquisition across a range of clinical sampling procedures.
• Tru-Core II Automatic Biopsy Instrument Automatic biopsy instrument engineered for consistent tissue acquisition during diagnostic procedures.
• Jawz Endomyocardial Biopsy Forceps Biopsy forceps designed for endomyocardial tissue sampling in cardiac procedures.
• V-Pad Hemostasis Pads Hemostasis pads used to achieve manual compression at vascular access sites following interventional procedures.
• V-Stick Vascular Access Sets Vascular access sets used for establishing percutaneous access during interventional procedures.
• WORKER Amplatz Guidewires Amplatz-type guidewires for procedural access and device delivery in interventional procedures.
• Custom Product Solutions (CPS) Collaborative development service offering medical device firms access to Argon's manufacturing capabilities, engineering, and product development resources to accelerate bringing new medical devices to market. Argon also serves as a contracted manufacturing partner for other medical device firms.

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Five partnerships are on record, tiered core.

• American Venous Forum (AVF)coreStrategic or Co-development Partner · 29 May 2026Partnership on the CLEAR-VIEW XT prospective, multi-center clinical study evaluating the Cleaner Vac Thrombectomy System for treatment of Lower Extremity Proximal Deep Vein Thrombosis (DVT). The study expects to enroll 185 adults and is designed to evaluate safety, procedural performance, and clinical outcomes.
• Guerbet SAcoreTechnology or Integration · 14 January 2025Argon acquired certain assets of Accurate Medical Therapeutics, Ltd., manufacturer of SeQure and DraKon microcatheters, from Guerbet SA. This acquisition extends Argon's oncology offering from diagnostic into therapeutic devices.
• Accurate Medical Therapeutics, Ltd.coreTechnology or Integration · 14 January 2025Acquisition of SeQure and DraKon microcatheters assets. SeQure is the only reflux control microcatheter designed to create a fluid barrier directing therapeutic agents toward intended targets. DraKon known for trackability through tortuous vessels.
• Montefiore Medical CentercoreStrategic or Co-development Partner · 30 September 2024Patents licensed from Montefiore for the TLAB Transvenous Liver Biopsy System. Dr. Jacob Cynamon is a primary inventor. The TLAB system includes FDA-clearance for transfemoral approach based on 500-patient retrospective review by Montefiore researchers.
• Hatch Medical, L.L.C.coreOEM/ Whitelabel/ Licensing Partner · 9 July 2019Exclusive global license agreement to market and distribute the Scorpion TIPS Access Systems. The Scorpion technology is positioned as a leader in the TIPS disease segment and provides physicians ability to reliably control direction and angle of the needle tip.

Scale indicators8 records

Recent moves8 records

Expansion highlights8 records

Broad incumbents

• Boston Scientific: Boston Scientific operates a large interventional cardiology and peripheral vascular portfolio (including the BTG acquisition), competing with Argon in thrombectomy, oncology, and vascular access while having substantially greater R&D and sales resources.
• Becton Dickinson (BD): BD is a large incumbent whose interventional and vascular access products overlap with Argon's portfolio; BD was Argon's prior owner of the critical care and PICC businesses acquired in 2010, and remains a benchmark for portfolio breadth and global scale.
• Teleflex: Teleflex is a diversified medical device manufacturer whose vascular access, interventional, and specialty product portfolios overlap with Argon's introducer sheath, biopsy, and procedural catheter categories.

Others

• Guerbet: Guerbet was the prior owner of the SeQure and DraKon microcatheter assets that Argon acquired in 2025; Guerbet's interventional oncology and contrast media franchise makes it an adjacent comparable for Argon's therapeutic oncology expansion.
• Cardinal Health: Cardinal Health is a major medical product distributor and healthcare services company that overlaps with Argon's distribution model for interventional devices through hospital channels and serves as a benchmark for medical device commercialization at scale.

Direct peers

• AngioDynamics: AngioDynamics manufactures a portfolio of interventional medical devices including thrombus management, ablation, and vascular access products — closely overlapping Argon's CLEANER, BioPince, and SKATER product lines and customer base.
• Penumbra, Inc. Penumbra is a leading developer of thrombectomy and embolization devices, including the Indigo and Lightning systems that directly compete with Argon's CLEANER Vac and CLEANER Rotational Thrombectomy Systems in peripheral venous and pulmonary embolism procedures.
• Merit Medical Systems: Merit Medical offers a broad portfolio of interventional devices including drainage catheters, biopsy instruments, and vascular access products that compete with Argon's SKATER, BioPince, Intara, and Kodiak lines.
• Cook Medical: Cook Medical is a long-established interventional radiology and vascular device manufacturer offering biopsy needles, drainage catheters, IVC filters, and introducer sheaths that overlap with much of Argon's procedural portfolio.
• Inari Medical (Stryker): Inari Medical, acquired by Stryker in 2023, pioneered FlowTriever and ClotTriever mechanical thrombectomy devices for venous thromboembolism, directly competing with Argon's CLEANER franchise among interventional radiologists and vascular surgeons.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/argonmedical
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• Facebookfacebook.com/argonmedical
• LinkedInlinkedin.com/company/argon-medical

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A3 records

Investments

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

Frequently asked questions about Argon Medical Devices