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Minute Insight: Venus Buys Transcatheter Valve Developer Cardiovalve For $300M

 
• By Reed Miller

Israel-based Cardiovalve is developing a transcatheter valve replacement system to treat mitral and tricuspid valve regurgitation.

Minute Insight

Hangzou, China-based Venus Medtech is paying $300m to acquire Israeli transcatheter valve developer Cardiovalve to help advance transcatheter valve replacement technology in Europe, China and the US.

Cardiovalve is developing a transcatheter valve replacement device and transfemoral delivery system to treat mitral and tricuspid valve regurgitation

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