On-X Life Technologies
Date | Investors | Amount | Round |
---|---|---|---|
$32.0m | Late VC | ||
$130m Valuation: $130m | Acquisition | ||
Total Funding | CAD43.6m |
Recent News about On-X Life Technologies
EditOn X Life Technologies, Inc. is a pioneering company in the medical device industry, specializing in the development and manufacture of advanced mechanical and prosthetic heart valves. The company serves patients with heart valve disease, providing them with cutting-edge solutions designed to improve their quality of life. Operating primarily in the healthcare market, On X Life Technologies targets hospitals, cardiac surgeons, and healthcare providers who require reliable and effective heart valve replacement options.
The business model of On X Life Technologies revolves around the research, development, and commercialization of its heart valve products. The company generates revenue through the sale of its various heart valve products, including aortic and mitral valves with different sewing ring options, as well as other related medical devices like CO2 diffusion catheters and ePTFE sutures.
On X Life Technologies has received significant regulatory approvals, including CE mark and FDA approval, which allow it to market its products in various regions with expanded labeling claims. This regulatory backing enhances the company's credibility and market reach.
The company is committed to continuous innovation, as evidenced by its presentations at major medical conferences and its efforts to educate patients and healthcare providers about heart valve disease and treatment options.
Keywords: heart valves, mechanical valves, prosthetic valves, cardiac surgery, healthcare, medical devices, FDA approval, CE mark, patient outcomes, innovation.