Milestones


SHEEP STUDIES

  • Completed feasibility studies of Optimum TAV and the delivery system in 2 chronic and 6 acute sheep, and 1 chronic pig.
  • Implanted Optimum TAV in the aortic position, in the brachiocephalic artery, and in the descending aorta. Optimum TAV and the delivery system worked well. Optimum TAV stayed in place and showed normal function, with good healing and no adverse reactions.
  • In 4 additional sheep, with our valve in the aortic position for 90, 145, 145, and 161 days, the data on the pressure gradient and valve function looks extraordinary, and superior to any data published on a TAV.

Deployment of Optimum TAV

Deployment of Optimum TAV

Angiogram showing there is no leakage through Optimum TAV

Angiogram showing there is no leakage through Optimum TAV

DURABILITY TEST

  • Optimum TAV has completed more than 850 million cycles with ΔP ≥ 100mm Hg, surpassing the ISO/FDA required 200 million cycles.

LICENSE AGREEMENT

  • Executed a license agreement with Labcor Laboratories to fully sponsor a clinical trial of the Optimum TAVI system in Brazil, and commercialize throughout South America in exchange for a royalty. The Company expects to obtain First-In-Human data from the Brazilian studies in 2016.

PATENTS

  • Protection for Optimum TAV being pursued in the U.S., Europe, and Canada. Provisional application directed to catheter-delivery system filed Q1 2014.

HYDRODYNAMIC TEST

  • Demonstrated an Effective Orifice Area of 2.1 cm² for Optimum TAV (compared to 1.9 cm² for the surgical valve used as a control).

HUMAN CADAVER HEART STUDIES

  • Implanted 2 cadaver hearts with Optimum TAV frames. These experiments closely represent the implant of Optimum TAV in Aortic Stenosis (AS) patients since the cadaver hearts had mild to moderate AS. In both cases, Optimum TAV’s frames were implanted below the coronary ostia and above the left bundle branch, and did not impinge on the mitral valve. The frames were delivered to the correct position repeatedly using the Company’s delivery system and were anchored firmly in place; significant force could not move them.

FRAME FATIGUE TEST

  • Completed finite element analysis studies of frame fatigue.