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Novostia
Novostia is a privately held medical device company developing an innovative artificial heart valve, designed for patients of any age, including children
About Novostia
Novostia is a privately held medical device company focused on developing innovative artificial heart valves, particularly designed for young patients. The company operates in the medical technology sector, addressing a significant unmet need in the treatment of aortic and mitral valve diseases. These conditions, if left untreated, can lead to severe health issues such as heart failure, stroke, blood clots, or sudden cardiac arrest.
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Novostia's flagship product, the Triflo valve, is engineered to offer several key benefits: low thrombogenicity (reduced risk of blood clots), lifelong durability, and a low acoustic signature (quiet operation). These features make it a promising solution for patients of all ages, including children. The Triflo valve is currently an investigational device and has shown promising results in both laboratory (in vitro) and animal (in vivo) studies. The company is preparing to initiate first-in-human clinical trials, which is a crucial step towards regulatory approval and eventual market entry.
The primary clients for Novostia's products are healthcare providers, including hospitals and specialized cardiac centers, as well as the patients they serve. The company aims to improve the quality of life for millions of patients worldwide who suffer from heart valve diseases, while also aiming to reduce overall healthcare costs.
Novostia's business model involves the research, development, and eventual commercialization of its heart valve technology. The company generates revenue through the sale of its medical devices once they receive regulatory approval. Additionally, Novostia may explore partnerships with healthcare institutions and collaborations with leading surgeons to further validate and promote its technology.
In summary, Novostia is at the forefront of medical innovation, striving to bring a new generation of artificial heart valves to the market. Their focus on young patients and the potential to significantly improve patient outcomes positions them as a key player in the medical device industry.
At a glance
- Founded
- 2017
- Headquarters
- Neuchâtel, Switzerland
- Sector
- Health Tech & Medtech
Latest news
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
European Innovation Council
Source: Dealroom Talent Intelligence.
Global footprint
team presence
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