CoreValve (Paris), developer of the CoreValve delivery system for percutaneous heart valve replacement based on a catheter and self-expanding stent approach on a beating heart, which avoids open-heart surgery, has established U.S. operations in Irvine, California, and has hired a veteran management and product development team in order to begin operations immediately. CoreValve's sales and marketing activities will be directed from Irvine and will be responsible for managing a network of partner/distributors for the early sales of first-generation ReValving products, which are expected to be available in 2005.
"Establishing U.S. operations and bringing on board exceptional …
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