The FDA has rejected enVVeno Medical Corp’s VenoValve device approval, causing a 70% stock price drop and raising concerns about the company’s ability to bring its products to market.

enVVeno Medical Corp, a medical devices company specializing in bioprosthetic devices for venous disease treatment, has made significant strides in the healthcare sector with its innovative approach and continued growth.

enVVeno Medical Corp reports steady progress despite financial challenges, with a focus on advancing its VenoValve program and commercial transition to bolster its market position and financial health.