MASSDEVICE ON CALL — Bad timing and a financial crisis nearly buried MVRx and its mitral valve repair technology forever, but the company’s founders finally revealed their progress over the weekend at the Transcatheter Cardiovascular Therapeutics conference.
Founded by a cardiovascular surgeon and a group of medtech industry veterans, MVRx was born in a garage in San Francisco in 2002. The team shelved the product for some time in response to the the 2008 financial meltdown and other circumstances, but they’re ready to unveil their novel device on a global stage.
"We truly believe that our technology is the safest and most efficacious way to improve the lives of heart failure patients suffering from mitral valve regurgitation," co-founder Robert Chang said in prepared remarks. "Reaching this important milestone is a testament to the determination and perseverance of the team. We look forward to helping many more patients in the future."
The company presented the results from its latest human trials during the 2014 TCT conference in Washington, D.C.
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