
NeoChord
Founded Year
2007Stage
Convertible Note - IV | AliveTotal Raised
$94.45MLast Raised
$4.61M | 3 mos agoAbout NeoChord
NeoChord is a medical technology company engaged in the advancement of beating heart mitral valve repair in patients suffering from mitral valve regurgitation. The company's flagship product, the NeoChord Artificial Chordae Delivery System, is a beating heart procedure, echo-guided treatment for patients with mitral valve regurgitation, and is proven to resolve and restore normal mitral valve function. It was formerly known as mValve. The company was founded in 2007 and is based in St. Louis Park, Minnesota.
NeoChord Patents
NeoChord has filed 34 patents.
The 3 most popular patent topics include:
- Cardiac surgery
- Cardiology
- Cardiac anatomy

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
3/13/2020 | 3/28/2023 | Cardiac anatomy, Cardiac surgery, Cardiology, Valvular heart disease, Implants (medicine) | Grant |
Application Date | 3/13/2020 |
---|---|
Grant Date | 3/28/2023 |
Title | |
Related Topics | Cardiac anatomy, Cardiac surgery, Cardiology, Valvular heart disease, Implants (medicine) |
Status | Grant |
Latest NeoChord News
Oct 24, 2022
NeoChord recently announced positive results from a clinical study of its transcatheter NeXuS system for mitral chordal repair. The company’s global early feasibility study treated patients with the transcatheter NeXuS system and results at one-year follow-up demonstrated notable clinical benefit and patient physiological improvement, according to the company. NeoChord’s study results showed a pre-procedure mitral regurgitation (MR) grade of severe (4+) was reduced to trace and remained unchanged through all follow-up intervals. The results also showed significant improvement in the left ventricular ejection fraction and left atrial dimensions. “We are pleased to begin reporting on patient outcomes at the 1-year follow-up period. These impressive results build upon our existing body of robust clinical evidence and represent a significant milestone not only for NeoChord, but also for the treatment of mitral regurgitation. Most importantly, the study results validate the efficacy and safety of using the NeXuS System to perform multiple-chord to single anchor procedures and further establishes NeoChord’s leadership position in off-pump, beating heart mitral chordal repair,” President and CEO David Chung said in a news release . Mitral regurgitation is one of the most common heart valve diseases that affect millions of people around the world. If the condition is left untreated, it could lead to chronic heart failure. Mitral regurgitation is characterized by blood leaking backward within the heart that is caused by ruptured native chords and the mitral valve’s inability to close properly. NeoChord’s NeXuS transcatheter mitral chordal repair device restores function in patients with primary mitral regurgitation. It maintains the natural physiologic functionality of the mitral valve and is deployed through the vein using a transfemoral delivery catheter that is navigated transeptally to the diseased native mitral valve. “These are compelling results for the future of minimally invasive transcatheter chordal repair, a procedure poised to drive positive outcomes and patient benefits by maintaining the physiologic construction of the mitral valve,” said Dr. Azeem Latin, section head and director of interventional cardiology and structural heart interventions at Montefiore Medical Center. “This procedure is a promising addition to the mitral toolbox and affords the heart team with an option to provide patients with an interventional approach to a surgically-proven technique.”
NeoChord Frequently Asked Questions (FAQ)
When was NeoChord founded?
NeoChord was founded in 2007.
Where is NeoChord's headquarters?
NeoChord's headquarters is located at 5402 Parkdale Drive, St. Louis Park.
What is NeoChord's latest funding round?
NeoChord's latest funding round is Convertible Note - IV.
How much did NeoChord raise?
NeoChord raised a total of $94.45M.
Who are the investors of NeoChord?
Investors of NeoChord include Treo Venture, Baird Capital Partners, Deerfield Management, U.S. Venture Partners, CHV Capital and 10 more.
Who are NeoChord's competitors?
Competitors of NeoChord include Vertos Medical, Avertix, Cardiac Dimensions, Ancora Heart, EBR Systems, SynCardia Systems, Corassist Cardiovascular, Cardiva Medical, Benvenue Medical, Solace Therapeutics and 75 more.
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