Venus Medtech inks exclusive TriGuard 3 deal with Keystone Heart

May 24, 2018 By Fink Densford Leave a Comment

Chinese heart valve maker Venus Medtech said yesterday it inked a partnership deal with Keystone Heart through which Venus will gain exclusive rights to develop and sell a third-gen version of Keystone’s TriGuard 3 device in China and other Asian markets.

The deal builds on a partnership between the two companies announced last March to promote Venus’ TAVR system, the Venus A-Valve, in combination with Keystone Heart’s 1st-gen TriGuard cerebral embolic protection device in China and other major Asian markets.

“Venus Medtech is not solely focused on transcatheter valve products. We care about the entire TAVR procedure, the associated complications and overall patient’s quality of life. The partnership with Keystone heart will make Venus Medtech the only provider for the holistic treatment encompassing “cerebral embolic protection – balloon – valve” in the global TAVR field. The further cooperation confirms the determination to provide a total solution, and again expresses confidence in the application of innovative technologies,” Venus Medtech co-founder & CEO Eric Zi said in a prepared statement.

“By deepening the partnership with China’s leading Heart Valve company, patients in this important geographic market are ensured access to innovative and future generations of cerebral embolic protection technologies from Keystone Heart,” Keystone Heart prez & CEO Chris Richardson said in a press release.

Earlier this month, Venus Medtech said it inked a definitive investment agreement with DCP Capital to support the upgrading and internationalization of its valve products.

Last Chance to Save for DeviceTalks Boston!

Early rates for DeviceTalks Boston end August 15th.

Don't miss the chance to save $100 and join top medtech innovators including leaders from Hologic, Google, Gray Matter, TransEnterix, NxStage Medical, Smith & Nephew, HeartFlow, Dynatronics, Johnson & Johnson, Allied Minds, and many more.

View Full Agenda

Register today to save. Use code LASTCALL to save an additional 10%.

Report: FDA’s Gottlieb says pediatric device approvals are lagging
FDA head Scott Gottlieb said that over the past 10 years there have been “far too few” devices hitting the US market designed specifically for a pediatric population, according to a recently posted Regulatory Affairs Professionals report. The statement came at a two-day FDA workshop this week, according to the report. Read the whole story on […]
Hologic will distribute analgesic system to aesthetic providers
Hologic (NSDQ:HOLX) has inked an agreement between its Cynosure division and Porter Instrument to distribute Porter’s nitrous oxide and oxygen system, Nitronox, in the United States and Canada. Nitronox is a self-administered nitrous oxide and oxygen delivery system that provides a fast-acting inhaled analgesic to help patients manage discomfort and anxiety while remaining alert and […]
What you need to know about medical device packaging
A recent study about recalls of foot and ankle implants included a portion that likely drew less attention than the headline. Some of these implants were recalled because they arrived at the hospital in an unsterile condition, and the authors said faulty packaging may have been the cause. Poor packaging can cause a host of […]
How an integrated data platform can reshape the medical device industry
By Medidata Solutions As big data grows and competition rises, stricter regulatory guidance looms Today’s medical device industry is being transformed by the generation and analysis of vast amounts of data. However, the traditional approaches to data collection and analyses in clinical trials don’t necessarily apply. Along with this massive volume of siloed, disparate […]
Calculations & Formulas for Coreless DC Motors
When selecting a Coreless Brush DC Motor for an application, there are several basic motor physics principles to consider to produce a safe, well-functioning, sufficiently-powered precision drive system. In this guide, we’ve provided important methods, formulas & calculations to determine power output of a coreless motor, the speed-torque curve, the current and efficiency plots, and […]
Smithwise helps startup find its focus
After Basil Leaf Technologies won the Qualcomm Tricorder XPrize in 2017, founder Dr. Basil Harris needed help figuring out how to bring this almost-all-in-one diagnostic tool to market. Basil Leaf’s mobile platform DxtER includes a group of non-invasive sensors that can wirelessly communicate with a smart device as they collect data on vital signs, body […]
Webinar: Medical Connector Selection Simplified – August 29
Wednesday, August 29, 2018 11:30am Eastern / 8:30am Pacific What three crucial business questions should you be asking before deciding on a custom connector assembly for your device? What business and technical strategies should you consider before making critical connector decisions? Join us in this live webinar as custom connector industry experts from […]
This implantable mesh can monitor heart activity and apply stimulations
Researchers from the Center for Nanoparticle Research at the Institute for Basic Science have developed a wearable and implantable device that measures electrophysiological signals and stimulates as needed for pain relief, rehabilitation and prosthetic motor control. The soft implantable recorded cardiac activity in multiple points of a swine heart in tests. The researchers on the […]
Avinger posts loss on disappointing sales
Avinger (NSDQ:AVGR) today posted a second-quarter losses-per-share that missed an analyst’s expectation, sending its share price down on Wall Street despite nearly halving its losses. The Redwood City, Calif.-based medical device maker reported losses of -$6.6 million, or -98¢ per share, on sales of $2.1 million for the three months ended June 30, 2018. That compares with […]
BARDA, J&J launch ‘reimagined’ emergency respiratory device challenge
The Dept. of Health and Human Services’ Biomedical Advanced Research and Development Authority and Johnson & Johnson‘s (NYSE:JNJ) Janssen R&D are launching a new crowdsourced tech development challenge looking to support innovative respiratory protection devices, according to a recently listed government posting. The new contest, dubbed the QuickFire Challenge, will look to award up to […]
“Snake oil” BP app got high user marks despite inaccurate results
People may like mobile blood pressure apps better when the apps reveal positive results, even if those results are inaccurate 80% of the time, according to a recent study. A team of researchers who previously revealed the inaccuracy of the Instant Blood Pressure (IBP) app returned to the topic to study 81 adults who compared the […]