Tendyne Holdings

Tendyne Holdings

Medical device company developing a transcatheter aortic valve implantation system. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$250m (Public information from Jul 2015)
Rockville Maryland (HQ)
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DateInvestorsAmountRound
N/A

$11.5m

Series A

$25.0m

Series C

$250m

Valuation: $250m

Acquisition
Total Funding$36.5m

Recent News about Tendyne Holdings

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Tendyne is a pioneering company in the field of structural heart therapies, specializing in transcatheter mitral valve repair technology. The company operates in the medical device market, primarily serving healthcare providers and patients suffering from mitral regurgitation, a condition where the heart's mitral valve doesn't close tightly, allowing blood to flow backward in the heart. Tendyne's core product, the Tendyne Transcatheter Mitral Valve Implantation (TMVI), offers a minimally invasive solution for patients who are at high surgical risk. This product is designed to improve patient outcomes by providing a less invasive alternative to traditional open-heart surgery. The business model revolves around the development, manufacturing, and distribution of these advanced medical devices, generating revenue through direct sales to hospitals and healthcare facilities. Tendyne's market is global, with a focus on regions where there is a high prevalence of mitral regurgitation and a growing demand for innovative heart therapies. The company leverages clinical data and ongoing trials to continuously improve its products and expand its market reach. Keywords: transcatheter, mitral valve, heart therapies, structural heart, patient care, medical devices, minimally invasive, healthcare, clinical trials, innovation.