EDITORIAL In the news : - Truffle Capital
EDITORIAL In the news : - Truffle Capital
EDITORIAL In the news : - Truffle Capital
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N°17 October 2010<br />
Carmat, <strong>the</strong> designer and developer of <strong>the</strong> world’s<br />
most advanced total artificial heart, had its Scientific<br />
Advisory Board meet on September 12 at <strong>the</strong> venue<br />
of <strong>the</strong> 24 th Annual Meeting of <strong>the</strong> European<br />
Association for Cardiothoracic Surgery (EACTS) in<br />
Geneva (Switzerland). The Scientific Advisory Board<br />
(chaired by Professor Alain Carpentier) discussed <strong>the</strong><br />
Symetis, a company developing new transca<strong>the</strong>ter<br />
aortic valve implantation (TAVI) systems, recently<br />
completed patient enrolment in its ACURATE TA<br />
first‐in‐man (FIM) clinical study and positive<br />
preliminary results. ACURATE TA is a self‐aligning<br />
nitinol stent valve designed for optimal trans‐apical<br />
delivery, providing <strong>the</strong> physician with unmatched<br />
positioning tolerance and ease of use. The study was<br />
5<br />
preparation of Carmat's clinical trials through to <strong>the</strong><br />
end of 2011. <strong>In</strong> July, Carmat successfully listed on <strong>the</strong><br />
Alternext market of NYSE Euronext, with a view to<br />
performing <strong>the</strong> first implantation of its total artificial<br />
heart in a patient in 2011 and commercializing <strong>the</strong><br />
device by 2013.<br />
conducted on 40 patients and is <strong>the</strong> largest 2nd<br />
generation First <strong>In</strong> Man (FIM) study ever conducted.<br />
Successful valve implantation with <strong>the</strong> ACURATE TA<br />
was done in 38 patients (95.0%). Symetis will soon<br />
begin a pilot clinical study, a major step toward<br />
achieving European compliance and <strong>the</strong> CE mark. The<br />
company has just received 25 million Swiss Francs in<br />
a new round of financing, mainly from <strong>Truffle</strong> <strong>Capital</strong>.<br />
Deinove, <strong>the</strong> biofuels and green chemistry specialist, partners with VTT Technical Research Centre of<br />
Finland having a Centre of Excellence in White Biotechnology ‐ Green Chemistry<br />
Deinove, <strong>the</strong> world's leading specialist in <strong>the</strong><br />
application of deinococci bacteria to biofuels and<br />
green chemistry, partnered in July with <strong>the</strong> top<br />
European research centre on industrial enzymes and<br />
bioprocesses, VTT Technical Research Centre of<br />
Finland.<br />
Ten senior VTT researchers will team up with Deinove<br />
and its French academic partners from CNRS and<br />
INSA to leverage <strong>the</strong> exceptional properties of<br />
Deinococcus bacteria in <strong>the</strong> digestion of biomass and<br />
<strong>the</strong> development of an integrated process for <strong>the</strong><br />
bioproduction of ethanol and chemicals from<br />
renewable feedstocks.<br />
The general objective of <strong>the</strong> work plan established by<br />
Deinove and VTT is to evaluate <strong>the</strong> different<br />
Deinococcus candidate strains screened by Deinove<br />
for its cellulosic ethanol production process. The<br />
Deinol process will <strong>the</strong>n be scaled‐up and tested in an<br />
industrial pilot by <strong>the</strong> sugar‐company TEREOS.<br />
Deinove also received in September <strong>the</strong> first<br />
installment granted by <strong>the</strong> French <strong>In</strong>novation Agency<br />
Oseo (Strategic <strong>In</strong>dustrial <strong>In</strong>novation programme) to<br />
<strong>the</strong> Deinol project for <strong>the</strong> production of cellulosic<br />
ethanol using <strong>the</strong> Deinococcus. The payment by Oseo<br />
of <strong>the</strong> first installment, of € 1,4 million out of a total<br />
of €6 million funding granted to <strong>the</strong> DEINOL<br />
project,aims at opening up (by 2014) new pathways<br />
for lignocellulosic ("second‐generation") ethanol<br />
production in existing industrial installations.<br />
Deinove also appointed Philippe Duval (Chairman of<br />
<strong>the</strong> Executive Board at Tereos, Deinove’s partner and<br />
investor in Deinove’s IPO) to its Board of Directors.