NxStage Medical, Inc. Is an American company that develops, manufactures, and markets systems for the treatment of chronic kidney disease,

acute kidney injury Acute kidney injury (AKI), previously called acute renal failure (ARF), is a sudden decrease in kidney function that develops within 7 days, as shown by an increase in serum creatinine or a decrease in urine output, or both. Causes of AKI are c ...

, and

hypervolemia Hypervolemia, also known as fluid overload, is the medical condition where there is too much fluid in the blood. The opposite condition is hypovolemia, which is too little fluid volume in the blood. Fluid volume excess in the intravascular compa ...

. It is a subsidiary of

Fresenius Medical Care Fresenius Medical Care AG & Co. KGaA is an American- German healthcare company which provides kidney dialysis services through a network of 4,171 outpatient dialysis centers, serving 345,425 patients. The company primarily treats end-stage renal ...

. System One, a portable hemodialysis system, is the company's primary product.

History

The company was founded by C. David Finch, Jr., MD and Jeffrey H. Burbank in December 1998. In 2003, the company launched System One in the critical care market. It received

Food and Drug Administration The United States Food and Drug Administration (FDA or US FDA) is a List of United States federal agencies, federal agency of the United States Department of Health and Human Services, Department of Health and Human Services. The FDA is respon ...

clearance for

home hemodialysis Home hemodialysis (HHD) is the provision of hemodialysis to purify the blood of a person whose kidneys are not working normally, in their own home. One advantage to doing dialysis at home is that it can be done more frequently and slowly, which r ...

in June 2005. In October 2005, the company became a

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( ...

via an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

. On November 2, 2005, the company received the Nixon Peabody/Smith & Nephew Medical Device Innovation Award in the Start-Up category from the Massachusetts Medical Device Industry Council (MassMEDIC). In December 2014, the company received

clearance for System One to be used overnight while patients are sleeping. In August 2017, the company received

clearance for System One for solo home hemodialysis, without a care partner, during waking hours. In February 2019, the company was acquired by

References

External links

* {{Official website, https://www.nxstage.com/ American companies established in 1998 Health care companies established in 1998 Health care companies based in Massachusetts 1998 establishments in Massachusetts 2005 initial public offerings 2019 mergers and acquisitions Companies based in Lawrence, Massachusetts Companies formerly listed on the Nasdaq Medical device manufacturers Medical technology companies of the United States American subsidiaries of foreign companies