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Questions about Tricares
What is Tricares?
Tricares is a medical device company developing a catheter-based valve replacement system called Topaz for the minimal invasive treatment of tricuspid valve regurgitation. The company has offices in Germany, France, the US, and Brazil, and aims to provide a solution without the need for open-heart surgery.
What specific medical condition does the Topaz device address?
The company's Topaz system is designed to eliminate tricuspid regurgitation (TR) and improve patient outcomes through a minimally invasive approach. It targets the tricuspid valve, which regulates blood flow between the right atrium and the right ventricle, to prevent blood from flowing back into the right atrium.
What are the key products and clinical trials currently in development?
Tricares is currently developing the Topaz Heart Valve Prosthesis and the Topaz Implantation System. The company has completed first implantations in both the EU Pivotal Study and the US Early Feasibility Study, with ongoing pivotal trials like TRICURE US and TRICURE EU.
Where are the main offices and operational hubs located?
The company is located at Heisenbergbogen 2 in Aschheim, Bavaria, Germany, with additional headquarters in Paris, France, and a US office in St. Louis Park, Minnesota. These locations support its global operations across Europe, the US, and Brazil.
What major funding and financial milestones have been announced?
Tricares has received a €20 million loan agreement from the European Investment Bank and raised $50 million in Series D financing to support upcoming clinical milestones. The company also received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 830574.
Who are the key leadership figures and their backgrounds?
The company's management includes President and CEO Ahmed Elmouelhi, who previously worked at AtriCure, Medtronic, and AGA Medical. Other key executives include Esther Gerteis, Senior VP of Medical & Regulatory Affairs, and Laura Ghione, Managing Director and Chief Operating Officer.
Who comprises the Scientific Advisory Board?
The Scientific Advisory Board includes experts like Philipp Blanke, MD, from St. Paul’s Hospital in Vancouver, and Julien Dreyfus, MD, PhD, FESC, from Centre Cardiologique du Nord in France. Other members include Neil Fam, MD, and Santiago Garcia, MD, from Toronto.
What is the stated scale of the medical need for tricuspid regurgitation solutions?
The company's website states that TR impacts over 1.6 million patients in the US and over 3 million in Europe, highlighting the strong clinical need for transcatheter solutions.
What is the current Trustburn rating and review history?
Tricares has a Trustburn rating of 4.2 out of 5 from 10 reviews, with the most recent feedback dating back to November 2023. The review split includes several 5-star ratings and a few 3-star ratings, reflecting generally positive customer sentiment.
What themes do multiple customer reviews share?
Reviewers consistently praise Tricares for its competitive rates, user-friendly website, and top-notch customer support. Many customers highlight the affordability of the services and the helpfulness of the support team in addressing their concerns.
What is the stated mission and vision of the company?
The company's mission is to revolutionize the treatment of tricuspid regurgitation by bringing a safe and effective solution to market. They aim to become the valve of choice for TR treatment, overcoming limitations of existing approaches.
What unique features or design principles are highlighted for the Topaz device?
The company's website mentions that the Topaz device is unique in its design for safe, easy, and quick treatment, with strong IP protection as a key feature.
What recent clinical milestones and press releases have been announced?
The company has presented promising First-In-Human Topaz data at EuroPCR 2025 and announced the initiation of the TRICURE US IDE pivotal study in July 2026.
How can potential partners or patients contact the company?
The company's contact information includes a general email address, info@tricares.de, and a dedicated office manager, Frau Vanesa Kelmendi, for inquiries.
What is the official website of Tricares?
The official website of Tricares is tricares.com.
AI-generated from reviews on this page. Verify anything important with the company directly.
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TRiCares is a medical device company, devoted to developing a catheter-based valve replacement system for minimal invasive treatment of tricuspid valve regurgitation.
- Website
- tricares.com
- Phone
- 08999249891
- info@tricares.de
- Address
- Heisenbergbogen 2
- Categories
- Mechanical or industrial engineering