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FDA denies approval for VenoValve due to insufficient evidence; company pivots to next-gen device.
enVVeno Medical received an unfavorable FDA decision upholding its earlier not-approvable letter for the VenoValve, a surgical venous valve for severe chronic venous insufficiency, citing insufficient evidence of safety and effectiveness.
The company said the feedback will inform development of its next-generation enVVe, a less invasive transcatheter valve ready for human trials.
enVVeno reported $31.5 million in cash as of Q3 2025, with projected operations extending into 2027.
The condition affects millions of Americans and incurs billions in annual healthcare costs.
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La FDA niega la aprobación de VenoValve debido a pruebas insuficientes; la compañía pivota hacia el dispositivo de próxima generación.