Anteris Technologies Launches $35m capital raise as FDA approves DurAVR study
- Anteris Technologies (AVR) launches a $35 million capital raise for the clinical development of its DurAVR transcatheter heart valve (THV) system
- The company also received expanded FDA approval for an early feasibility study (EFS) assessing the DurAVR THV system in subjects with severe aortic stenosis
- Anteris CEO Wayne Peterson says the removal of prior study conditions by the FDA will pave the way for the company’s “ground-breaking technology”
- The capital raise will go towards funding DurAVR development and also providing general working capital
- AVR shares are down 4.7 per cent, trading at $22.91 at 2:50 pm AEDT