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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.

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