Raymond Cohen Named BiVACOR Board Chair

BiVACOR Inc. has recruited Raymond W. Cohen to chair its Board of Directors.
 
Cohen is an accredited public company director with more than 40 years of life sciences industry experience. He currently serves as CEO and board member at Axonics Inc., an Irvine, Calif.-based global medtech company he cofounded in 2013 and took public in October 2018. Axonics topped the 2021 Deloitte Technology Fast 500 and the 2022 Financial Times ranking of the 500 fastest growing companies in the Americas.
 
Cohen also serves as an independent director of SoniVie Ltd., a clinical-stage venture backed company developing a denervation technology for uncontrolled hypertension. In late 2020, Cohen was named as Entrepreneur of the Year by Ernst & Young for the Pacific Southwest United States.
 
In late November 2023, BiVACOR received U.S. Food and Drug Administration investigational device exemption approval for a first-in-human clinical feasibility study of the BiVACOR Total Artificial Heart (TAH). The study will evaluate the safety and feasibility of the TAH as a bridge to heart transplant in treating subjects with biventricular heart failure. Initially three patients will be enrolled at The Texas Heart Institute in Houston. The study is anticipated tobegin in the first half of this year.
 
“A total artificial heart is designed to take over the complete function of a patient’s failing heart and represents an advanced treatment option for people waiting on a heart transplant or those who do not qualify for certain reasons,” Cohen said. “The work done by BiVACOR over the past 15 yearsto develop the TAH system is impressive. I’ve spent much of my career in cardiology and consider it a privilege to join Dr. Timms and Dr. Cohn on this amazing journey.”
 
According to the U.S. National Institutes of Health, approximately 100,000 patients suffering from severe heart failure could benefit from BiVACOR’s TAH. For these patients, drug therapy is limited and without intervention, they have a bleak outlook given the low number of donor hearts available globally.
 
BiVACOR is a clinical-stage medical technology company developing the BiVACOR Total Artificial Heart, designed to be the first long-term therapy for patients with severe biventricular heart failure. The TAH is designed to replace the naive heart and address the global unmet need of patients with end-stage heart failure by providing a next-generation life-extending solution. BiVACOR was founded in 2008 by a team of internationally renowned biomedical engineers and cardiac surgeons, including founder and Chief Technical Officer Daniel Timms, Ph.D., and Chief Medical Officer William Cohn, M.D.