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Microport Cardio Stock Price, News & Analysis

MCRCY OTC

Welcome to our dedicated page for Microport Cardio news (Ticker: MCRCY), a resource for investors and traders seeking the latest updates and insights on Microport Cardio stock.

MicroPort Cardio (MCRCY) delivers innovative solutions for structural heart disease through advanced TAVI systems and minimally invasive technologies. This news hub provides investors and healthcare professionals with essential updates on regulatory milestones, clinical advancements, and corporate developments.

Comprehensive Coverage: Track verified updates including product approvals (CE-MDR), financial results, strategic partnerships, and clinical trial outcomes. Our curated news collection ensures access to MicroPort Cardio's validated achievements in cardiovascular medical devices.

Key Focus Areas: Discover updates on transcatheter valve innovations, international market expansions, and research collaborations. Content spans regulatory filings, technology patents, and hospital adoption trends across global healthcare markets.

Bookmark this page for real-time access to MicroPort Cardio's official communications and market-moving developments. Stay informed about critical advancements in structural heart disease treatment technologies through our maintained news feed.

Rhea-AI Summary

MicroPort CardioFlow Medtech (Stock Code: 02160.HK) has announced that its VitaFlow Liberty™ Transcatheter Aortic Valve and Retrievable Delivery System has received EU CE-MDR certification. This milestone highlights the device as a cutting-edge solution for aortic valve stenosis and regurgitation, conditions affecting over 47 million people globally. VitaFlow Liberty™ boasts minimal trauma, quick recovery, and enhanced quality of life, aiming to replace open-heart surgery.

The certification is expected to accelerate global clinical adoption, with the device already covering 700 core hospitals in 10 countries, treating over 10,000 patients. Clinical data presented at PCR London Valves 2023 showed promising long-term outcomes. Pre-market clinical trials in Europe also received positive feedback. This achievement is part of CardioFlow's broader strategy to diversify revenue and strengthen competitive positioning.

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4C Medical Technologies has successfully completed a $35.4 million Series C Preferred Stock financing, led by MicroPort CardioFlow Medtech Corporation. Alongside this funding, Saravana Kumar, PhD, has been appointed as the President & CEO, transitioning from interim leadership since March 2021. The funds are intended to enhance the AltaValve transcatheter mitral valve replacement device and initiate a tricuspid program, expanding treatment options for patients. The funding underscores the company's commitment to addressing mitral regurgitation and supporting future innovations.

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Surgical and Medical Instrument Manufacturing
Manufacturing
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China (Mainland)
No 1601 Zhangdong Road Zhangjiang Hi Tech Park Pudong New District