iVascular acquires 10% of NaviGate Cardiac Structures for €8.7 million

by Gemma Escarré,

iVascular,  a CataloniaBio & HealthTech member, has acquired 10% of the shares of the American start-up NaviGate Cardiac Structures for €8,7 million. With this purchase, iVascular becomes part of the Board of Directors of the Navigate.

The agreement between both companies, contemplates the joint development of a new product: the tricuspid valve with percutaneous access. Clinical studies are currently underway in the United States and Europe to analyze the efficacy and safety of this valve, that is estimated to be ready for clinical application by 2020.

iVascular has its headquarters in Sant Vicenç dels Horts (Barcelona).

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Photo: Lluís Duocastella, CEO of iVascular - © iVascular

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