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China's Venus Medtech Buys Rights to Next-Gen Cardiac Valve from Transcatheter of Germany

publication date: Apr 19, 2016
Venus Medtech, a Hangzhou cardiac device maker, bought several cardiac valve technologies from Transcatheter Technologies GmbH of Germany. The Transcatheter system allows the surgeon to reposition the valve once it is implanted, a unique feature. Using the technology, Venus will develop and market a third-gen valve system for use in China and the world. Venus' own transcatheter aortic valve is currently awaiting CFDA approval. Terms of the agreement were not disclosed. More details....

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