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Published on 24 March 2014

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Transcatheter Technologies wins ‘best business pitch’ award for prosthetic aortic heart valve

 

 

Transcatheter Technologies GmbH, an emerging medical device company that is developing a third-generation transcatheter aortic valve implantation (TAVI) system — TRINITY — has announced  that its CEO, Wolfgang Goetz, MD, PhD, was awarded top prize for “best business pitch” in the 4th annual “German Venture Day” (GVD) organised by Private Equity Forum NRW.
Transcatheter Technologies recently announced the successful 30-day follow-up results of a pilot study of its TRINITY TAVI system that is designed to be the world’s first ‘truly repositionable’ and, therefore, best TAVI system.
“Unlike second-generation TAVI systems on the market today, the Trinity aortic valve is designed to be positioned precisely or even repositioned, even after full implantation, in a safe and simple manner,” said principal investigator Prof. Dr Christian Hengstenberg, a cardiologist at the German Heart Center, Munich, Germany, with no financial interest or arrangement or affiliation with Transcatheter Technologies. “In our study, Trinity’s novel sealing cuff continues to provide outstanding follow-up results without PVL (paravalvular leak), an all-too-frequent complication of TAVI. Equally important, the TRINITY aortic valve is designed to reduce the risk of atrio-ventricular (AV) block significantly through supra-annular positioning of the TRINITY valve.”
“Winning this competition enables us to get on the radar screen of investors who may not know us yet,” said Wolfgang Goetz, MD, PhD, CEO, a cardiac surgeon by training.  “The big issue with currently marketed second-generation TAVI systems is that they cannot be truly repositioned once fully implanted. TRINITY, however, is designed to solve this critically important issue and thereby potentially reduce the undesirable side consequences of paravalvular leak PVL,” added Dr Goetz.
“With TRINITY, once our valve is completely expanded and anchored above the annulus, a cardiologist can fully evaluate the valve’s function to determine whether it needs to be repositioned, retrieved, or kept in the same position. This feature and its supra-annular anchoring are absolutely unique to TRINITY, which is why we have positioned TRINITY as a Third-Generation TAVI System. We are very pleased that investors at the GVD competition understood the enormous opportunity ahead of us and applauded our plan for seizing this opportunity.”


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