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French start-up developing first-ever open-stent heart valve secures €2.5m

07/10/2021

A French medtech start-up that is developing the world’s first-ever open-stent heart valve has secured €2.5m in funding following a seed financing round. Open Stent Solution (OSS) says the funding will support the development of its ribbon-shaped stented mitral valve for transcatheter replacement. OSS says its breakthrough device is the first-ever open-stent heart valve and the only device bearing the promise to implant large size mitral valves through small delivery systems, comparable in size to TAVI (transcatheter aortic valve implantation). The OSS valve components are attached to a ribbon-shaped open stent, which reduces the overall device’s size when loaded onto a delivery system, compared to conventional, radially expanding devices. Once implanted, the OSS heart valve gets locked, forming a circular shape, with stable radial anchoring force exactly like balloon expandable devices. Doctor Doron Carmi, senior cardiac surgeon, founder and CEO of Open Stent Solution, said: “We are grateful to our investors for their trust and for their support to our venture. The financing enables us to proceed to concept freeze for our unique minimally invasive solution. In few years from now, we aim to offer an effective transfemoral solution to millions of patients with failed mitral valves who cannot access treatment today.” *Image by Gordon Johnson from Pixabay 

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