Boston Scientific to distribute Veniti VICI Venous Stent
Veniti Inc., a research company in the advancement of treatment for deep venous disease, has announced that Boston Scientific will distribute its VICI Venous Stent under a limited global distribution agreement. The terms of the agreement and specific regions and countries involved were not disclosed.
Physicians treat the obstructive component of chronic venous disease through minimally-invasive endovascular stenting procedures. Although not available commercially in the United States, Veniti is currently conducting the VIRTUS Trial to evaluate the safety and efficacy of the VICI Venous Stent for the treatment of chronic iliofemoral venous outflow obstruction under a U.S. Food and Drug Administration Investigational Device Exemption.
The VICI Venous Stent and VICI VERTO Venous Stent are CE marked under the European Medical Devices Directive (93/42/EEC) and commercially available in Europe. The VICI Venous Stent is approved by the Australian Therapeutic Goods Administration and commercially available in Australia.
Launched in 2014, the VICI Venous Stent has gained wide market acceptance for the balance of end-to-end strength, flexibility and lumen quality for addressing the challenging requirements of venous disorders.
According to Jeff Elkins, president and CEO of Veniti, it is available in a conventional delivery system, as well as the VICI VERTO Venous Stent® System, providing more control in the landing of stents in areas of critical blood flow.
“The VICI Venous Stent is widely recognized as state-of-the-art technology for Venous Stents and physicians routinely praise the product for its performance qualities,” Elkins said. “We are extremely pleased to be partnering with a global industry leader like Boston Scientific to advance the VICI Venous Stent in the marketplace,”
“Boston Scientific’s market leadership and reach will provide more physicians treating patients suffering from venous outflow obstruction around the world greater access to leading-edge technology.”
Venous obstructive disease affects more than 1.1 million people in the United States and Western Europe annually. Deep venous thrombosis is one of the most common and serious conditions associated with chronic venous disease and the financial impact is well established.
Partnering with leading physicians in the development and training for therapies to care for the millions of patients suffering from venous disease, VENITI has developed the VICI Venous Stent specifically for the challenges of treating iliofemoral venous outflow obstruction. The product was awarded the Frost & Sullivan 2015 European New Product Innovation Award for Peripheral Vascular Devices.