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Home » Keywords » Bioventrix Inc.

Items Tagged with 'Bioventrix Inc.'

ARTICLES

EU flags at European Commission building

Andera says capital is available in Europe for med-tech companies

Feb. 7, 2024
By Shani Alexander
There is no doubt that the fundraising environment in Europe remains challenging for med-tech companies. Currently it seems like “the winner takes it all,” with companies that have de-risked their portfolio able to find investors to provide funds, while for those at the earlier stages, finding capital continues to be ‘tricky,’ Raphaël Wisniewski, partner at European private equity firm Andera Partners, told BioWorld in an interview.
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BioVentrix - TC System

Andera leads $48.5M financing for Bioventrix

April 14, 2023
By Shani Alexander
Andera Partners led a $48.5 million series A financing round for Bioventrix Inc. which will allow the medical device company to complete its premarket approval (PMA) submission for the Revivent TC system. Andera joined Cormorant Asset Management and Squarepoint Capital as new investors in Bioventrix. Existing investors, Taglich Brothers Inc. and Richmond Brothers, also contributed to the fundraising.
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Illustration of hydrogel in heart

Bioventrix acquires Materacor, expands heart failure therapies

Feb. 9, 2022
By Annette Boyle
Bioventrix Inc. acquired Materacor Inc., the developer of a heart failure therapy that uses an injectable alginate-based hydrogel and a minimally invasive endocardial delivery system to restructure the left ventricle and reverse or stop the progression of ischemic or non-ischemic congestive heart failure with reduced ejection faction (HFrEF). The terms of the transaction were not disclosed.
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Heart illustration

Bioventrix scores breakthrough device status for Revivent Tc heart failure system

Nov. 19, 2019
By Meg Bryant
The U.S. FDA has granted breakthrough device designation for Bioventrix Inc.’s Revivent Tc Transcatheter Ventricular Enhancement System for heart failure following a heart attack. The system is designed to exclude scar tissue that has formed on the left ventricle in a procedure that is less invasive than current medical options and better than drug therapy, allowing healthy heart tissue to function more efficiently. The left ventricle is the heart’s pumping chamber, and scarring can prevent it from contracting and providing the steady circulation of blood that the body needs.
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