Apica Cardiovascular Ltd.
Standardized apical access and closure for treating structural heart diseases
This article was originally published in Start Up
Apica Cardiovascular is leading the field of transapical access and closure for structural heart disease. Its first product is a titanium coil that stabilizes the surgical access site in the apex of the heart to prevent bleeding during and after therapeutic interventions and provides for reaccess in the future. Also in the works are a large closure device for transfemoral access closure and a connector that aids in the delivery and implantation of newer, smaller, left ventricular assist devices through the Apica coil.
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The completed deal calls for $35 million up front and $40 million in future clinical and sales milestones. Apica is developing systems to assist transapical surgical access for ventricular assist devices and transcatheter valve replacements.
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