BiVACOR

BiVACOR

Develops magnetically levitated total artificial heart

Overview

BiVACOR is a clinical-stage medical device company developing the BiVACOR Total Artificial Heart (TAH) to replace a failing heart. The device is a compact, titanium implant that uses a single magnetically levitated rotor to pump blood to the lungs and the rest of the body, eliminating valves and mechanical bearings to reduce blood damage. It serves as a bridge-to-transplant and aims to become a long-term (permanent) alternative to heart transplantation. BiVACOR operates in the cardiovascular medtech space, pursuing regulatory approval through preclinical and clinical trials, including an FDA Breakthrough Device Designation and an Early Feasibility Study. Its strategy includes expanding from Australia to the US, securing funding, and advancing toward commercialization to address the large unmet need in end-stage heart failure.

About BiVACOR

Simplify's Rating
Why BiVACOR is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Robotics & Automation

Healthcare

Company Size

51-200

Company Stage

Grant

Total Funding

$46.7M

Headquarters

Houston, Texas

Founded

2008

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Simplify's Take

What believers are saying

  • July 2024 first-in-human implantation validates clinical feasibility.
  • FDA Breakthrough Device Designation can accelerate regulatory engagement.
  • Bridge-to-transplant positioning targets severe biventricular heart failure patients.

What critics are saying

  • Early feasibility proves implantation, not long-term durability or safety.
  • External driveline and batteries create infection and mobility liabilities.
  • Pre-commercial status forces dilutive financing before meaningful revenue.

What makes BiVACOR unique

  • Single magnetically levitated rotor reduces mechanical failure points.
  • Compact titanium TAH fits most adults and some children.
  • Designed to replace both ventricles with one pump architecture.

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Funding

Total Funding

$46.7M

Above

Industry Average

Funded Over

7 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Life Insurance

Employee Assistance Program

401(k) Company Match

Paid Vacation

Growth & Insights

Headcount

6 month growth

0%

1 year growth

3%

2 year growth

0%

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