News | TCT | October 25, 2023

TCT 2023 Shark Tank Innovation Competition Winner Recognized for Pioneering Approach to Pulmonary Arterial Hypertension and Congenital Heart Disease (PAH-CHD) Treatment

Heartpoint Global won the top honor in the TCT 2023 Shark Tank Innovation Competition. The award recognized breakthrough innovation for Intellisent, the company’s novel multi-lumen stent system for interventional adjustment of pulmonary blood flow in congenital heart disease.

Heartpoint Global Inc. was the winner in the Shark Tank Innovation Competition at the Transcatheter Cardiovascular Therapeutics (TCT) conference in San Francisco, during the October 23 MedTech Innovation Forum on day one of TCT 2023. Image courtesy: Heartpoint Global, Inc.


October 25, 2023 — For its novel multi-lumen stent system for interventional adjustment of pulmonary blood flow in congenital heart disease, INTELLISENT, Heart Point Global, Inc. was the winner in the Shark Tank Innovation Competition at the Transcatheter Cardiovascular Therapeutics (TCT) conference in San Francisco, CA, held during the October 23 MedTech Innovation Forum on day one of TCT 2023.

“Heartpoint Global’s pioneering approach to treating Pulmonary Arterial Hypertension caused by congenital heart disease and pulmonary arterial hypertension (PAH-CHD) stood out due to its potential to address a significant unmet clinical need,” said Juan F. Granada, MD, CEO and President of the Cardiovascular Research Foundation (CRF). He added, “It was selected as the winner by a distinguished panel of judges, including physician innovators, physician investors, and experts actively involved in building companies and developing innovative, high-impact therapies.”

Heartpoint Global’s INTELLISTENT is a groundbreaking multi-lumen stent system for interventional adjustment of pulmonary blood flow to treat PAH-CHD, according to a written statement issued after the award presentation. It continued, explaining that the system reproduces the effects of the validated surgical therapy, pulmonary artery banding, and is patented in over 20 countries, including the U.S., European Union, and China. The device is placed in the main pulmonary artery and the arterial branches and allows for the adjustment of blood flow in the heart lung system. Patients with severe PAH can become surgical candidates after INTELLISTENT treatment (bridge-to-surgery); further, noted the company, the technology embedded in INTELLISTENT will be used to treat many other indications.

Previous successful pre-clinical tests of the implant system studied the direct placement of the device in the main pulmonary artery and bilateral delivery in the left and right pulmonary arteries and branches, according to the news release. Research presented at TCT by Dr. Elena K. Amin, MBChB, Pediatric Cardiologist at the University of California, San Francisco — a member of HeartPoint Global’s advisory board, demonstrated first proof-of-concept results showing that reversible pulmonary artery banding in left ventricle failure with preserved right ventricle function provides a novel alternative as a ‘bridge-to transplant’ or as an alternative to destination therapy in infants and children with advanced left ventricle dilated cardiomyopathy.

"We are deeply honored to be bestowed with this prestigious award,” said Seth Bogner, Chairman and CEO of HeartPoint Global. “TCT stands as a pinnacle platform for highlighting innovation in cardiovascular medicine. Having our technology acknowledged by such a distinguished panel of judges is truly humbling. We are eager to forge ahead with HeartPoint Global’s in-human trials and anticipate its substantial clinical impact in the future,” Bogner added.

Identifying itself as a pioneer of breakthrough medical solutions, HeartPoint Global (HPG) is focused on paving the way for citizens worldwide to receive affordable, cutting-edge cardiac care. In response to the 92 percent of the world’s population that has no access to cardiac surgery, the leading medical device company reports that it is on a mission to provide innovative, minimally invasive, and accessible cardiac care on a global scale to ensure those who would otherwise suffer from or die of cardiovascular disease receive the care they need. The company has offices in the United States, Ireland and Israel.

The TCT Shark Tank Innovation Competition has partnered with the Jon DeHaan Foundation for six years to provide a $200,000 award for the winner. The Shark Tank Innovation Competition aims to identify and showcase the most groundbreaking concepts in modern cardiovascular medicine. This year, six companies were chosen to present at TCT. The Jon DeHaan Foundation is dedicated to supporting those working to advance cardiac medicine and provides grants and awards to individuals and companies who focus on innovative developments in cardiovascular medicine, including research, prevention, diagnosis, treatment, or rehabilitation.

More information: www.heartpointglobal.com

Follow comprehensive coverage of TCT 2023 news by DAIC news here.


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