Cardiofocus, Inc Enters into Expanded Partnership with Japan Lifeline Co., Ltd
January 09, 2018 at 10:00 am EST
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CardioFocus, Inc. announced that it has entered into an expanded partnership with Japan Lifeline Co., Ltd. (JLL). The expanded partnership solidifies the commercial strategy for bringing the HeartLight® Endoscopic Ablation System to the Japanese market. To support Japanese approval, CardioFocus originally established a distribution partnership with JLL in 2014. Since receiving approval from the Japanese Ministry of Health, Labour and Welfare in July, initial commercial cases have been completed successfully at four hospitals. The companies expect full commercial launch of the HeartLight System to begin in 2018 after national reimbursement is in place. Under the expanded agreement, CardioFocus and JLL will increase the scope of their Japan commercialization efforts and pursue commercialization of the HeartLight System in other Asia Pacific markets. JLL is also making a substantial financial investment in CardioFocus that will be used to accelerate the market expansion of HeartLight globally and support development of the company's third-generation product, the HeartLight X3 System, which will begin clinical evaluation in Europe during 2018 with prospects of a Japan launch in the future.
Japan Lifeline Co., Ltd. is a Japan-based company mainly engaged in the import, manufacture and sale of cardiac circulators and other medical devices. The Company is mainly engaged in the production of rhythm devices, electrophysiological (EP) and ablations, surgical products and intervention products. The rhythm devices include cardiac pacemakers, implantable cardioverter defibrillator (ICD), cardiac resynchronization therapy defibrillator (CRT-D) and other rhythm devices. The EP and ablations include EP catheters for cardiac arrhythmia examination, ablation catheters for arrhythmia treatment and other EP and ablations. The surgical products include prosthetic heart valves and annuloplasty rings for heart disease surgical treatment, vascular grafts, open stent grafts and stent grafts for aortic disease treatment, as well as other surgical products. The intervention products include balloon catheters, guide wires, penetration catheters and other intervention products.