Specialty Renal Products(SRP)
380 Lackawanna Place, South Orange, NJ, 07079, United States
Overview
Specialty Renal Products (SRP) is a medical device company and subsidiary of Nephros focused on products for patients with renal disease, notably a hemodiafiltration (HDF) system for ESRD. SRP's first‑generation device is currently the only FDA‑cleared HDF system in the United States. The company is developing a second‑generation HDF system and intends to use the proceeds from the financing to complete development, initial commercial production, and a planned initial launch in late 2019. SRP closed a $3 million Series A financing in September 2018 led by Wexford Capital and Arbor Capital, with participation from company management. Following the financing, parent company Nephros will retain a 62.5% equity interest in SRP. SRP is based in South Orange, New Jersey, and operates within Nephros's broader medical‑device portfolio.
- Total raised
- $3M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Sep 2018
Industries
- Health Care
- Medical Device
Recent funding
Series A
Sep 2018
$3M
Team
Andrew Astor
COO & Chief Financial Officer