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 C on Differentiation

Industries

Robotics & Automation

Healthcare

Company Size

51-200

Company Stage

Grant

Total Funding

$46.7M

Headquarters

Houston, Texas

Founded

2008

People at BiVACOR

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Simplify's Take

What believers are saying

  • FDA Breakthrough designation in May 2025 accelerates regulatory review for severe biventricular or univentricular heart failure cases.
  • 100% bridge-to-transplant efficacy was achieved across all five patients in the FDA Early Feasibility Study.
  • The MAGLEV rotor spins 2000 times per minute without mechanical wear, enabling long-term durability and reduced blood trauma.

What critics are saying

  • Supraphysiologic output risks thromboembolism or end-organ damage if hemodynamic instability persists before pivotal trial approval.
  • Failure to recruit patients for remaining EFS slots may delay pivotal trial initiation by over 12 months.
  • FDA may reject long-term TAH use if pivotal trial lacks sufficient evidence of 5-year durability, capping revenue potential.

What makes BiVACOR unique

  • BiVACOR's titanium TAH uses a single magnetically levitated rotor, eliminating valves and mechanical wear points.
  • The device provides pulsatile flow mimicking natural heartbeat without flexing diaphragms or ventricle chambers.
  • It is the first total artificial heart receiving FDA Breakthrough Device Designation as a bridge to transplant.

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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

1%

1 year growth

3%

2 year growth

0%

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