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


Founded in 2009


972 77 316 8550

Key Executives for V-Wave Ltd.

Chief Executive Officer and Director
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.

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