November 29, 2023: Meril Life Sciences has signed an agreement with Japan’s leading
cardiovascular medtech company, Japan Lifeline. This strategic alliance grants Japan Lifeline
exclusive rights to promote Meril’s transcatheter heart valve, Myval Octacor, upon PMDA approval in Japan.
Myval Octacor is a balloon-expandable transcatheter heart valve implant designed for Transcatheter Aortic Valve Replacement / Implantation (TAVR / TAVI) procedures. It features a wide range of sizes to fit a broader patient population as compared to legacy technology. It also has a unique octagonal cell structure that improves accuracy of placement.
More than 25,000 heart valves manufactured by Meril have been implanted across 75 countries with proven clinical safety, efficacy and are supported by 80+ scientific publications.
Sanjeev Bhatt, Senior Vice President, Corporate strategy at Meril Life Sciences said, “Our
collaboration with Japan Lifeline represents a pivotal moment for Meril. We are confident that our partnership will not only enhance patient outcomes but also strengthen our position as a global leader in cardiovascular solutions.”
Japan Lifeline’s President and CEO, Keisuke Suzuki, commented on the exclusive distribution
agreement with Meril, saying, “We have been involved in the field of heart valve disease treatment for about 30 years. It’s very emotional for us to re-enter the market with a next generation TAVR / TAVI technology that has proven clinical results worldwide.”
Japan Lifeline used to sell heart valves for surgical treatment (SAVR), but the company withdrew from the business area in 2019 due to the rapid spread of TAVR / TAVI.
About Meril:
Meril is a leading global medical device company based out of India. It has been instrumental in making India a leader in the global medical devices industry. The company’s R&D and quality focus has enabled it to provide medtech solutions to 135+ countries. It has 100% subsidiaries in 22 countries which are across Europe, Asia, Africa, USA, Germany, Russia, Brazil, Turkey, Bangladesh, Australia etc.
Through its dedication towards innovation, quality, the company has revolutionised healthcare in India and made a significant impact globally. The company leverages global collaborations and cutting-edge technology, while emphasising on quality control and compliance with global regulations and contributing to a robust research and development ecosystem. Meril has successfully positioned India as a hub for medical device innovation and manufacturing, enhancing the country’s credibility and visibility on the global stage
