Alum medtech startup earns Health Canada licence

Friday, February 4, 2022

Perseverance is paying off for two Waterloo Engineering graduates who co-founded an ambitious medical hardware company.

Five years after launching Vena Medical to commercialize their fourth-year design project, Michael Phillips and Phil Cooper announced their first government approval this week for a device to remove blood clots from the brains of stroke patients.

 “We couldn’t be more excited that our first regulatory success is right here in Canada, and this means the first patients in the world to benefit from our technology are going to be Canadian,” Phillips, the chief executive officer, said in a media release.

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