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Utah Life Sciences News & Events

Fluidx Medical Closes Financing to Advance Next-Generation Embolic Platform

August 6, 2026

 SALT LAKE CITY, Utah — August 6, 2026 — Fluidx Medical Technology, Inc., a developer of innovative embolic technologies, today announced the successful closing of financing to fund development and growth. The financing follows significant momentum across Fluidx’s product portfolio, including completion of the GPX IDE clinical trial and continued advancement of ULTRA. The additional capital will also accelerate development of IMPASS, Fluidx’s next-generation neurovascular embolic technology, building on encouraging preclinical results recently presented at the Society of NeuroInterventional Surgery (SNIS) Annual Meeting. 

“This financing is an important milestone for Fluidx as we continue executing on our mission to redefine embolization with technologies that are simple to use and highly controllable,” said Libble Ginster, Chief Executive Officer of Fluidx Medical. “The funding strengthens our ability to bring GPX and ULTRA to market while advancing IMPASS through key clinical milestones.” 

The investment will be used to expand manufacturing and commercial readiness activities for GPX and ULTRA Embolic Devices, and accelerate clinical activities of IMPASS as Fluidx continues to build a broad portfolio of embolic solutions for peripheral and neurovascular interventions. 

About Fluidx Medical Technology: 

Fluidx Medical Technology, Inc. is a Salt Lake City, Utah-based company focused on developing a new, innovative category of easy-to-use, controllable embolic gels that can treat the widest range of clinical conditions, effectively occluding the smallest vessels up to the largest vessels. The current pipeline includes the GPX, ULTRA, and IMPASS embolic technologies with applications across peripheral vascular, interventional oncology, and neurovascular embolization. Unlike other embolic devices, the Fluidx Medical Technology portfolio does not use toxic dimethyl sulfoxide (DSMO) or other precursors, glue catheters into the body, require special delivery systems, or need special mixers and preparation stations. 

GPX, ULTRA, and IMPASS Embolic Devices are under development, described and shown for research, educational, and engineering use only, and do not have marketing clearance or approval in any market at this time. 

www.FluidxMedical.com