- CEO
- David E. Mai
- Full Time Employees
- 47
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 336 Bollay Drive Santa Barbara CA United States of America 93117
- IPO Date
- Apr 11, 1995
- Business
- Miravant Medical Technologies Inc. (MRVT) develops photodynamic therapy technologies under the PhotoPoint brand, utilizing light-activated drugs and associated medical devices to selectively destroy cancerous cells and treat various diseases while sparing healthy tissue. Founded in 1989 and headquartered in Santa Barbara, California, the company focuses on pharmaceutical research and development in the biotechnology sector, targeting ophthalmology, dermatology, cardiology, and oncology markets primarily in the United States. Its core products include PHOTREX (rostaporfin) for wet age-related macular degeneration; MV9411, a photoreactive drug for plaque psoriasis; MV0633 for atherosclerosis, vulnerable plaque, and restenosis; MV2101 for vascular access graft disease in hemodialysis patients; MV6401 for solid tumors; and light-producing and light-delivery devices integral to PhotoPoint procedures. In recent years, key assets including the REM-001 Therapy and related intellectual property originally developed by Miravant have been acquired by Adgero Biopharmaceuticals Holdings Inc., marking a significant technology transfer and operational shift as the company maintains its OTC-traded status amid limited active development updates.