Hancock Jaffe Highlights Two-Year Data For Venous Insufficiency Valve

  • Hancock Jaffe Laboratories Inc HJLI announced two-year data post-VenoValve implantation in eight patients.
  • Data will be presented at the Society for Vascular Surgery (SVS) Annual Meeting.
  • The results showed that the reflux (the backward flow of blood) decreased from 1.95 to an average of .72 (a 63% improvement).
  • Disease manifestations decreased from an average of 13.38 to an average of 5.38 (a 60% improvement).
  • Pain decreased from an average of 7.25 to an average of .50 (an improvement of 93%).
  • There were no safety issues or venous ulcer recurrences.
  • The VenoValve is a potential treatment for chronic Venous Insufficiency (CVI), a disease when valves inside the leg's veins fail, causing blood to flow in the wrong direction and creating increased pressure inside of the veins of the leg.
  • Related: FDA Breakthrough Designation For Its Venous Insufficiency Device.
  • Price Action: HJLI shares are down 4.29% at $7.14 during the market session on the last check Thursday.

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