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JenaValve Responds to FTC's Action Against Proposed Edwards Lifesciences Acquisition
GlobeNewswire News Roomยท 2025-08-06 18:17
Core Viewpoint - The U.S. Federal Trade Commission (FTC) has moved to block JenaValve Technology's proposed acquisition by Edwards Lifesciences, which JenaValve intends to contest in court [1][2]. Company Overview - JenaValve Technology, Inc. is a medical device company focused on innovative transcatheter heart valve (THV) solutions for heart valve disease [3]. - The Trilogy THV System is designed for treating patients with symptomatic, severe aortic regurgitation (AR) and aortic stenosis, and has received CE Mark approval for dual-disease treatment capabilities in Europe [3]. - In the U.S., the Trilogy THV System is currently limited to investigational use only [3]. Company Locations and Backing - JenaValve is headquartered in Irvine, California, with additional locations in Leeds, United Kingdom, and Munich, Germany [4]. - The company is backed by several investment firms, including Bain Capital Life Sciences, Andera Partners, and Qatar Investment Authority (QIA) among others [4].