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See today's BioWorld MedTech
Home » European Investment Bank backs Xeltis’ restorative heart technology
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European Investment Bank backs Xeltis’ restorative heart technology

Nov. 23, 2021
By Catherine Longworth
The European Investment Bank (EIB) pumped €15 million (US$17 million) into Xeltis BV to accelerate clinical programs for its polymer-based technology platform for cardiovascular restoration. The Eindhoven, Netherlands-based company is developing three types of cardiovascular implants. These are a pulmonary heart valve, coronary artery bypass graft and hemodialysis access grafts. The devices use a therapeutic approach called endogenous tissue restoration (ETR), which causes the patient’s own body to naturally restore a new blood valve. As the patient’s healing system develops a functional valve, Xeltis’ implant is gradually absorbed by the body.
BioWorld MedTech Financings Cardiovascular Europe

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