Anteris Technologies starts treating second cohort in first in-human study
Anteris Technologies Ltd is now treating its second cohort of patients as part of the first-in-human study for the company’s DurAVR™ transcatheter heart valve system.
Company
ASX:AVR
Anteris Technologies Pty Ltd is a global structural heart company committed to designing, developing, and commercializing cutting-edge medical devices to restore healthy heart function. Founded in Australia, with a significant presence in Minneapolis, USA, Anteris is a science-driven company with an experienced team of multidisciplinary professionals delivering restorative solutions to structural heart disease patients.
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Anteris Technologies Ltd is now treating its second cohort of patients as part of the first-in-human study for the company’s DurAVR™ transcatheter heart valve system.
Associate Professor Dion Stub of the Alfred Hospital and Monash University specialises in structural heart procedures, including angioplasty, aortic valve replacement (TAVI) and balloon valvuloplasty.
“This partnership is a testament of Anteris’ commitment to continue to advance valve science through rigorous, scientific research with best-in-class academic centres,” says CEO.
Brisbane-based Dr Poon has expertise in structural heart disease interventions and is among Australia's most prolific implanters of transcatheter aortic valve implantation devices.
“Despite some advantages, such as relatively expeditious access to US capital markets, the company’s board concluded the timing of the proposal was not in shareholders' nor the company’s best interest at this point,” Anteris stated on Tuesd
Last month, Anteris’ first-in-human DurAVR THV (transcatheter heart valve) study met or exceeded its interim study objectives, with patients reporting 'impressive' haemodynamic improvement.
The company plans to continue the study with the next cohort, as well as recruit patients for its US FDA investigational device exemption (IDE) study.
The proven benefits of its patented ADAPT® tissue technology, paired with the unique design of its DurAVR™ 3D single-piece aortic heart valve, have the potential to deliver a game-changing treatment to aortic stenosis patients worldwide and
Total gross proceeds from the exercising of 2,370,209 listed options that were on issue on November 1, 2021, and expired on December 18, 2021, was $18,961,672.
When the ASX-lister checked in with the study’s patients seven days after their procedure, all were responding in line with clinical expectations.
“With our first-in-human study now underway, we anticipate even more profile for the company in 2022 at the major medical conferences,” says CEO.
The 'first to human' transcatheter aortic valve replacement procedures for all five patients were successful and proceeded without any complications.
The company has been invited to present life-saving heart valve technology in the innovation sessions at an international heart valve conference in London.
“As the company is rapidly approaching its first in human studies we are very pleased to welcome L1 onto our share register,” Anteris CEO Wayne Paterson said.
“The innovation sessions are keenly observed by physicians, analysts and senior industry executives. The potential of this product to fill the treatment gap for younger patients needing longer lasting and better working valves is being reco
IQVIA and CRF have vast experience in this space and complement AVR’s development of next-generation technologies including the Anteris DurAVR™ aortic replacement valve.
Formal results from a three-month study of Anteris’ DurAVR™ heart valve replacement in six sheep will be available in the next month.
The appointment of Dr Meduri, a recognised leader in the field of valvular heart disease, is expected to give further credibility to Anteris’ DurAVR™ aortic replacement valve.
Anteris Technologies is a structural heart company delivering clinically superior and durable solutions through better science and better design.
CEO Paterson said: “With this new capital round we will continue to deliver on our plan of achieving EFS approval in 2021 as well as advancing our Coronary Artery Bypass Graft and surgical valve projects.”