Developing New Frontiers for Interventional Treatment of Structural Heart Diseases in China

Hangzhou Valgen Medtech Co., Ltd. ( Valgen Medtech) is dedicated to the interventional treatment of structural heart diseases. Founded in 2015 in Hangzhou, Valgen Medtech applied for more than 500 patents worldwide by the end of 2023. More than 150 patents were granted. Three independently-developed products passed the "Special Review of Innovative Medical Devices". Multiple interventional therapy devices, including the Dragon series, will greatly enrich clinical options in structural heart disease treatment.

The DragonFly™ Transcatheter Mitral Valve Repair System, as the first transfemoral vein edge-to-edge repair product developed in-house in China, passed its review in accordance with the Special Review Procedure for Innovative Medical Devices in March 2021. The product was granted marketing approval in China by the NMPA on November 29, 2023. The development of the product was supported by the National Key R&D Program for the "14th Five-Year Plan". In addition to the DragonFly™, Valgen Medtechs marketed products include the Pu Jie Jie™ Medical Radiation Protective Shield, Magpie™ Balloon Dilatation Catheter, DragonPath™ Transseptal Puncture System, Firework™ Stiff Guidewires, etc.

Valgen Medtech is headquartered in Hangzhou High-Tech Zone (Binjiang) Hangzhou and established an R&D center in Shenzhen. It has been accredited as a national and provincial (Zhejiang) technology-oriented SME, a high and new technology R&D center, and engineering research center in Hangzhou. Valgen adheres to the corporate strategy of being located in China and facing the world, further accelerating the development and clinical application of innovative treatment technology that addresses unmet clinical needs and continuously provides better solutions for patients around the world.

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Source: China Blue TV

Development history

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    • 2015

      Hangzhou Valgen Medtech Co., Ltd., was founded

    • Jul, 2020

      The first successful in-human clinical application of DragonFly™ Transcatheter Mitral Valve Repair System

    • Sep, 2020

      DragonFly™ Transcatheter Mitral Valve Repair System successfully implanted in 10 patients in clinical

    • Oct, 2020

      DragonFly™ system, as an original Chinese medical device, made its debut in a 2020 CSI webinar

    • Mar, 2021

      Application for special review of Dragonfly™ Transcatheter Mitral Valve Repair System as an innovative medical device submitted and approved and special product review initiated

    • Apr, 2021

      Valgen Medtech topped the List of Chinese Unicorn Enterprises in 2020

    • May, 2021

      DragonFly™ Transcatheter Mitral Valve Repair System officially entered pre-marketing multi-center registration clinical study phase

    • Jun, 2021

      Valgen Medtech included as a cardiovascular intervention medical device manufacturer in the List of Most Innovative Medical Devices

    • Jul, 2021

      DragonFly™ made its debut in the 2021 CSI; its outstanding results in an early exploratory clinical trial made public to the world

    • Aug - Sep, 2022

      Valgen Medtech successfully passed four system audits by external notified bodies

    • Nov, 2022

      DragonFly™ earned support from the National Key Research and Development Program for the "14th Five-Year Plan"

    • Nov, 2022

      Pu JieJie™ radiation protection screen granted market approval

    • Mar, 2023

      Valgen Medtech showed up in live broadcast of the 2023 "NPC and CPPCC Sessions • Healthcare Strategies" series of interviews

    • May, 2023

      DragonFly™-DMR Trial follow-up results showed the predefined primary effectiveness and safety endpoints had been achieved

    • Sep, 2023

      DragonFly™ Transcatheter Mitral Valve Repair System won second prize in the final round of the High-value Medical Consumables Competition

    • Nov, 2023

      DragonFly™ Transcatheter Mitral Valve Repair System was officially granted marketing authorization by the NMPA

Honors and Certifications

  • 2019 Zhejiang Provincial Technology-oriented SME

  • 2020 Chinese Unicorn Enterprise

  • 2020 Heart Valve Intervention Repair Technology Hangzhou Engineering Research Center

  • 2020 Hangzhou Enterprise High and New Technology R&D Center (Industrial)

  • 2021 Top 10 Cardiovascular Intervention Devices

  • 2022 Annual Paradigm of Medical Device Outstanding Innovations

  • 2023 Top 100 Chinese Innovative Medical Devices

  • Second Prize in the 2023 China Medical Devices Design & Entrepreneurship Competition

  • 2023 National Technology-oriented SME

  • Second Prize in the Final Round of the 2023 6th Session of the China Medical Devices Design & Entrepreneurship Competition

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    2019 Zhejiang Provincial Technology-oriented SME

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    2020 Chinese Unicorn Enterprise

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    2020 Heart Valve Intervention Repair Technology Hangzhou Engineering Research Center

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    2020 Hangzhou Enterprise High and New Technology R&D Center (Industrial)

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    2021 Top 10 Cardiovascular Intervention Devices

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    2022 Annual Paradigm of Medical Device Outstanding Innovations

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    2023 Top 100 Chinese Innovative Medical Devices

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    Second Prize in the 2023 China Medical Devices Design & Entrepreneurship Competition

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    2023 National Technology-oriented SME

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    Second Prize in the Final Round of the 2023 6th Session of the China Medical Devices Design & Entrepreneurship Competition