CoreMedic GmbH is an innovative cardiology company, located in Radolfzell, Germany. As a spin-off of the Heart Center of University of Bern, Switzerland, CoreMedic was initiated in 2012 to develop the breakthrough treatment concept for mitral valve regurgitation ChordArt. The company is backed by a group of experienced and committed private investors with backgrounds in heart medicine and cardiovascular devices and institutional healthcare investor SHS Capital.

Mitral Valve Regurgitation (MR) is a prevalent and serious heart condition caused by structural damage to the mitral valve, leading to blood leakage between the left heart chambers. Affecting more than 24 million patients worldwide*, MR represents a significant unmet medical need, as treatment requires structural interventions often conducted via open heart surgery, which many patients are unable to undergo. In response, CoreMedic has developed ChordArt, a transcatheter system designed to replace damaged mitral valve chords with a minimally invasive procedure. This innovative approach reduces patient trauma as well as procedure time and complexity, shortens recovery time and expands treatment options for those previously ineligible for conventional surgery.

*Source: Aluru, John S. et al: Valvular Heart Disease Epidemiology. Med Sci (Basel). 2022 Jun 15;10(2):32. doi: 10.3390/medsci10020032

Matthias Guth, Venture Partner at MIG Capital:

“In addition to the excellent and seasoned team, the company’s technology is bringing significant innovation to the cardiovascular space. Currently, most technologies are irreversible, whereas the CoreMedic device can be used to repair the valve while keeping open additional therapeutic downstream options.”