November 22, 2017 7:42 PM ET

Healthcare Equipment and Supplies

Company Overview of V-Wave Ltd.

Company Overview

V-Wave Ltd. develops percutaneous implantable therapeutic devices for chronic heart failure patients. It offers V-Wave Shunt, a biocompatible inter-atrial unidirectional implant that is used to treat chronic heart failure patients with preserved and reduced ejection fraction (diastolic and systolic heart failure). The company was founded in 2009 and is based in Caesarea, Israel with additional offices in Israel and the United States.

5 Tarshish St.

Caesarea Industrial Park (North)

Caesarea,  3088900

Israel

Founded in 2009

Phone:

972 77 316 8550

Key Executives for V-Wave Ltd.

Chief Executive Officer and Director
President
Compensation as of Fiscal Year 2017.

V-Wave Ltd. Key Developments

V-Wave Ltd. Announces $28 Million Series B Financing

V Wave Ltd. announced that it has completed a Series B financing of $28 million. New investors included Johnson & Johnson Innovation - JJDC Inc., TriVentures, Pura Vida Investments and BioStar Ventures. Also participating in the round are existing investors BRM Group, Pontifax and Edwards Lifesciences. The funds will support clinical evaluation and development, addition of senior management and manufacturing scale-up of V-Wave's proprietary minimally invasive device for use in patients with chronic symptomatic HF. The shunt is implanted trans-venously and placed in the atrial septum where it remains. Within the shunt is a porcine tissue valve to assure only left to right shunting of blood and to reduce the probability of paradoxical embolus. The device regulates left atrial pressure (LAP) by shunting excess blood volume away from the left ventricle - the heart's main pumping chamber. Elevated LAP is the direct cause of worsening symptoms and hospitalization in over 90% of HF patients. The Shunt is intended to relieve symptoms, improve quality of life, and to reduce the need for acute hospitalization due to worsening episodes of HF in patients who become symptomatic at minimal levels of activity. To date, more than thirty patients have been successfully treated.

Similar Private Companies By Industry

Company Name Region
2P2D Solutions Ltd. Middle East/Africa
A.B. Dental Devices, Limited Middle East/Africa
ActiVein Inc. Middle East/Africa
Acuity Ltd. Middle East/Africa
ADM Advanced Dialysis Methods Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact V-Wave Ltd., please visit vwavemedical.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.