Skip to content

Venus Medtech (China)

Hangzhou Qiming Medical Device Co., Ltd. is a Chinese transcatheter heart valve medical device company focused on structural heart disease.

Last updated October 12, 2026

AI crawler reads

No AI crawler has read this profile since Oct 28, 2026.

Overview

Hangzhou Qiming Medical Device Co., Ltd. ("Venus Medtech") is a Chinese transcatheter heart valve medical device company. It was founded in 2009 and is headquartered in the Hangzhou National High-Tech Industrial Development Zone (Binjiang). It listed on the Main Board of the Hong Kong Stock Exchange on 10 December 2019 under stock code 02500. The company states it has established a comprehensive structural heart disease solution covering aortic, pulmonary, mitral and tricuspid valve diseases as well as surgical accessory products, and that its "Made in China" valve products have reached more than 60 countries and regions globally.

History

Venus Medtech was founded in 2009 and is headquartered in the Hangzhou National High-Tech Industrial Development Zone (Binjiang). In 2014, the company won the national championship in the biopharmaceutical industry with its "novel biological heart aortic valve project." On 10 December 2019, it listed on the Main Board of the Hong Kong Stock Exchange under stock code 02500. In 2017, VenusA-Valve became the first TAVR product approved for marketing in China, filling a gap in domestic transcatheter valve therapy. The company states it has established global R&D centers in China, the United States and Israel, and has nearly 700 employees from nearly 10 countries.

  • 2023

    VenusP-Valve received FDA approval for an Investigational Device Exemption (IDE), becoming the first Chinese-made artificial heart valve approved for clinical research in the US. The next-generation dry-tissue TAVR product Venus-PowerX was also approved in Argentina and Chile.

  • 2019

    Venus Medtech listed on the Main Board of the Hong Kong Stock Exchange on December 10, with stock code 02500.

  • 2017

    VenusA-Valve became the first TAVR product approved for marketing in China, filling the gap in domestic transcatheter valve therapy.

  • 2014

    The company won the national championship in the biopharmaceutical industry for its 'new biological heart aortic valve project'.

  • 2009

    Venus Medtech was founded in Hangzhou, China.

Products and positioning

China's leading transcatheter heart valve medical device enterprise, aiming to become a global leader in the structural heart disease field.

  • VenusA-Valve

    TAVR product; first TAVR product approved for marketing in China (2017).

  • VenusP-Valve

    Self-expanding TPVR product approved in China and Europe; approved in nearly 70 countries or regions; received FDA IDE approval in 2023.

  • Cardiovalve

    Innovative device usable for both TMVR and TTVR; completed enrollment in TARGET study and submitted EU CE certification application.

  • Venus-PowerX

    New-generation dry valve TAVR product; approved in Argentina and Chile in 2023.

Controversies

Recent events

  • Venus Medtech acquires Cardiovalve[9]

    Reported:

    Venus Medtech acquired Israeli company Cardiovalve for $300 million, according to a joint statement by the two companies. The stated purpose was to expand Venus Medtech's valve-replacement product portfolio and accelerate innovation and internationalization.

  • Venus Medtech announces acquisition of Cardiovalve[10]

    Reported:

    Venus Medtech announced that it would acquire 100% of Cardiovalve's equity for $300 million, with payment in installments subject to agreed milestones.

Sources10 sources

Cite this profile: Cite the canonical profile. /brand-wiki/venus-medtech-china · Editorial policy · How profiles are compiled