We are certainly pleased by this very significant recognition of the Company's vision for heart valve therapies
IRVINE, Calif. (PRWEB) July 24, 2007
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"We are certainly pleased by this very significant recognition of the Company's vision for heart valve therapies," said Jacques Seguin, M.D., Ph.D., Chairman, CEO and Founder of CoreValve.
Founded in 2001, privately held CoreValve--which is headquartered in Irvine, California--has developed a proprietary delivery system and tissue heart valve for percutaneous heart valve replacement. Based on a novel catheter-and-self-expanding-frame approach on a beating heart, the proprietary CoreValve ReValving(TM) System procedure is intended to avoid open-heart surgery. It can be performed in a cardiac "cath lab" just like angioplasty and stenting, which may result in less trauma to the patient and may offer substantial cost-savings to the healthcare system. For more information about CoreValve, visit the Company's Web site at http://www.corevalve.com.
(Caution: the CoreValve ReValving(TM) System will not be available in the USA for clinical trials or for commercialization until further notice.)