enVVeno Medical receives FDA IDE approval for pivotal study of non-surgical venous valve
enVVeno Medical said the FDA approved its Investigational Device Exemption application, allowing a pivotal U.S. study of its enVVe non-surgical replacement venous valve for severe deep Chronic Venous Insufficiency. The company said it had approximately $25 million in cash and investments as of March 31, 2026, expected to fund operations into the third quarter of 2027.
Key points
- FDA approved the IDE application for the TAVVE pivotal study, announced April 29, 2026.
- First stage will enroll 10 patients, with 30-day safety results submitted to the FDA; second stage will enroll 220 patients (165 receiving the enVVe valve, 55 in a control arm).
- Study will enroll at up to 40 U.S. clinical sites; first stage is expected to commence later this year.
- Cash and investments were approximately $25 million as of March 31, 2026, expected to fund operations into Q3 2027.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.