DGAP-News: Pi-Cardia Receives FDA IDE Approval for Pivotal Study with ShortCut(TM) Device
REHOVOT, ISRAEL / ACCESSWIRE / July 26, 2022 / Pi-Cardia Ltd., a global leader in the development of non-implant, catheter-based solutions for treating heart valves, announced today it received Investigational Device Exemption (IDE) approval from the U.S. Food and Drug Administration (FDA) to commence the ShortCut Pivotal Study, which will assess the safety and effectiveness of the ShortCut device.
- REHOVOT, ISRAEL / ACCESSWIRE / July 26, 2022 / Pi-Cardia Ltd., a global leader in the development of non-implant, catheter-based solutions for treating heart valves, announced today it received Investigational Device Exemption (IDE) approval from the U.S. Food and Drug Administration (FDA) to commence the ShortCut Pivotal Study, which will assess the safety and effectiveness of the ShortCut device.
- The TAVR market, currently estimated at $6 billion, is projected to double over the next five years, with the expansion into low-risk younger patients.
- Pi-Cardia's Leaflex device mechanically scores valve calcification at multiple locations, with the intention of restoring leaflet flexibility and improving valve hemodynamics.
- The ShortCut device and Leaflex device are investigational devices, limited by United States law for investigational use.