Periodic Reporting for period 2 - FLOWMAKER (Saving patients from severe heart failure)
Berichtszeitraum: 2023-10-01 bis 2025-03-31
and restores patient's quality of life. Its design perfectly fits all the needs of patients suffering from severe heart failure. Implanted inside
the left ventricle and synchronized with natural heartbeat, it assists the heart to push blood in a physiological way. The very low electrical
consumption allows for wireless functioning. With no driveline crossing the skin, the risk of infection is suppressed. Without bypass to
aorta and thanks to its pulsatile mode, the risk of bleeding is very low. The ICOMS FlowMaker® addresses the market of severe heart
failure, where 95% of patients are left without any solution. The aim of the project is to conduct the clinical trials to enter the EU market
in 2026, then the US market, allowing to finally achieve EU sovereignty in severe heart failure treatment.
Our Mission
• To restore the health of patients with advanced heart failure
Our Vision
• FineHeart's ambition is to become a global leader in the development and manufacture of innovative medical devices, driven by a commitment to manufacturing excellence and operational excellence within Europe. We have implemented a clear strategy to cultivate in-house expertise and capabilities to achieve the following:
• Building a World-Class Team: We are committed to hiring the best and brightest talent with extensive experience in our target markets and technologies.
• Strategic Manufacturing Infrastructure: We are investing in advanced manufacturing facilities to ensure uncompromised quality and high-volume production. Our clinical development will involve a complete design transfer, targeting an annual production capacity of thousands of units to support both EU CE Marking and US EFS trials. By September 2026, we will be operating from our state-of-the-art facilities, complete with cleanroom assembly and extensive laboratory testing capabilities to support future regulatory requirements and pivotal studies.
• Strategic Partnerships for Scalability: We are partnering with Lauak, a leader in precision machining, to ensure we can scale production rapidly to meet growing market demand and to facilitate expansion into new markets following European regulatory approval (targeted for 2027).
• This clear vision guides our ongoing development of FLOWMAKER® technology and informs our relentless dedication to improving the lives of patients.