Colibri Enters TAVR Joint Venture With Venus Medtech Focusing On Emerging Markets

US firm Colibri Heart Valve and China-based Venus Medtech have formed a venture to commercialize two heart valves in China and other emerging markets: a balloon-expandable version created by Colibri and a self-expanding version developed by Venus using tissue processed by Colibri.

Colibri 24mm Valve on Delivery System
Colibri 24mm Valve mounted on delivery system • Source: Colibri Heart Valve LLC

A new joint venture between Colorado-based Colibri Heart Valve LLCand the HangZhou, China, device firm Venus MedTech has been formed to bring two transcatheter aortic heart valve replacement (TAVR) devices based on Colibri's "dry" tissue technology to market in China and other emerging markets, including India.

Colibri's novel “dry” porcine pericardium processing technology allows for the manufacture and packaging of a transfemoral aortic valve system that...

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