NeoChord has appointed Todd Berg as chief executive officer to oversee clinical and commercial programmes for transeptal and transapical repair of damaged mitral valve chords resulting in regurgitation.
Berg most recently served as CEO of Metavention, an intravascular denervation company which pioneered multi-organ denervation for the treatment of type 2 diabetes and hypertension. Previously, Berg was CEO of Torax Medical which developed magnetic augmentation for the treatment of gastro-esophageal reflux disease and was acquired by Ethicon, a division of Johnson & Johnson. Berg has over 30 years of experience successfully developing and commercialising novel medical therapies and holds over 100 US patents.
“One of the most significant clinical gaps in structural heart innovation is providing patients a treatment option to address mitral regurgitation before the disease progresses to stages where the heart becomes damaged. The opportunity to develop a first-line therapy for mitral valve disease, by resolving regurgitation early in the disease state, is incredibly compelling,” said Berg.
Casey Tansey, general partner with US Venture Partners, commented: “NeoChord’s long-term commitment to advancing the treatment of mitral regurgitation, since its founding from the Mayo Clinic, has established a strong foundation of clinical success and commitment to patient benefit. We are confident Berg, and his new management team, will expand this foundation into a new era of innovation by adding a minimally invasive transseptal approach to complement the company’s commercially successful transapical repair products.”
