Anteris Technologies

Anteris Technologies

AVR.AXPre-clinical
Sydney, AustraliaFounded 2003anteristech.com

Anteris Technologies is a clinical-stage medical device company focused on developing superior solutions for structural heart disease, with a primary emphasis on aortic stenosis. Its core innovation is the DurAVR™ transcatheter heart valve system, engineered to mimic the native aortic valve's anatomy and function, aiming to overcome limitations of current TAVR devices related to hemodynamics and long-term durability. The company is publicly listed on the Australian Securities Exchange (ASX: AVR) and is progressing its pivotal clinical program to validate the DurAVR™ system's performance. Anteris's mission is to set a new standard in heart valve therapy by delivering a valve that performs like a patient's own.

Market Cap
$588.1M
Founded
2003
Employees
50-100
Focus
Biotech

AVR.AX · Stock Price

USD 8.408.59 (-50.56%)

Historical price data

AI Company Overview

Anteris Technologies is a clinical-stage medical device company focused on developing superior solutions for structural heart disease, with a primary emphasis on aortic stenosis. Its core innovation is the DurAVR™ transcatheter heart valve system, engineered to mimic the native aortic valve's anatomy and function, aiming to overcome limitations of current TAVR devices related to hemodynamics and long-term durability. The company is publicly listed on the Australian Securities Exchange (ASX: AVR) and is progressing its pivotal clinical program to validate the DurAVR™ system's performance. Anteris's mission is to set a new standard in heart valve therapy by delivering a valve that performs like a patient's own.

Technology Platform

Biomimetic engineering platform for designing single-piece, polymer-based transcatheter heart valves that replicate the anatomy and hemodynamic function of the native human aortic valve.

Funding History

3

Total raised: $45M

PIPE$25MUndisclosedDec 15, 2022
PIPE$20MUndisclosedJun 15, 2021
IPOUndisclosedUndisclosedJun 15, 2004

Opportunities

The primary growth opportunity is capturing market share in the >$10 billion global TAVR market by addressing the unmet need for a valve with superior hemodynamics and long-term durability, especially in younger patient populations.
Success could also position Anteris as an attractive strategic acquisition target for larger medical device companies.

Risk Factors

Key risks include clinical trial failure or safety issues, regulatory rejection, intense competition from well-established incumbents (Edwards, Medtronic), the unproven long-term durability of the polymer valve in humans, and the ongoing need for significant capital to fund operations through to commercialization.

Competitive Landscape

Anteris competes in the TAVR market dominated by Edwards Lifesciences and Medtronic. Its differentiation is based on its biomimetic, single-piece polymer valve design, which aims to provide superior hemodynamics (blood flow) and enhanced durability compared to current assembled tissue-based valves. Clinical validation of these claims is critical to its competitive success.

Publications
2
Patents
11

Company Info

TypeTherapeutics
Founded2003
Employees50-100
LocationBrisbane, Australia
StagePre-clinical
RevenuePre-revenue

Trading

TickerAVR.AX
ExchangeASX

Therapeutic Areas

CardiovascularStructural Heart Disease

Partners

Key Opinion Leader (KOL) clinical advisors
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