According to Venus Medtech General Manager Zi Zhenjun, more than 200,000 TAVI procedures have been performed worldwide since the team led by Professor Alain Cribier conducted the world's first TAVI procedure in 2002 in Rouen, France. Martin Leon, Professor of Medicine at Columbia University Medical Center, said during TCT 2015 that the TAVR market is expected to surpass the coronary artery intervention market worldwide by 2025. More than 400 TAVR procedures have been performed in China since Dr. Ge Junbo from Zhongshan Hospital of Fudan University, completed China's first TAVR procedure in 2010. Venus Medtech's Venus A-Valve, with independent intellectual property rights, is the world's only transcatheter aortic valve solution meeting China Food and Drug Administration clinical requirement.

In addition to Venus A-Valve, Venus Medtech's transcatheter pulmonary artery valve, Venus P-Valve, has also entered clinical stage. Venus P-Valve is designed for interventional therapy for patients with severe pulmonary regurgitation following surgery to repair Tetralogy of Fallot. Enrollment of patients for a clinical trial is nearly completed. Over 40 clinical cases have been recorded in several countries including the UK, Ireland, India, Thailand, Vietnam and Indonesia, serving as a testament to the device's outstanding clinical efficacy and international presence. Venus Medtech plans to start patient enrollment for a pending EU approval-oriented clinical research program in the first half of 2016.


Venus Medtech's many achievements also serve to demonstrate the success of Dinova Venture Capital's incubation model. (Zi Zhenjun also is the founder of Dinova's medical incubator.)

Goldman Sachs Positive on the Future of Minimally Invasive Therapy for Heart Diseases

Established in 1869, Goldman Sachs is one of the oldest and largest investment banking firms around the world. The firm, headquartered in New York, operates across different regions with rich experience and strong competence in international operation.

A spokesperson for Goldman Sachs said that the firm chose to invest in Venus Medtech because of a number of factors, including a strong healthcare sector in China with significant growth potential, as well as Venus Medtech's outstanding management team, and the company's industry-leading technology and attractive business growth prospects.

Goldman Sachs plans to invest US$37 million to support Venus Medtech's R&D and promotional activities for their cardiac valve products.

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