Award recognizes Novasight Hybrid™ System’s significant advance in intracoronary imaging technology
TORONTO, May 08, 2025 (GLOBE NEWSWIRE) -- Conavi Medical Corp. (TSXV: CNVI; OTCQB: CNVIF) (“Conavi Medical” or the “Company”), a medical device company focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures, today announced that its Novasight Hybrid™ System (“Novasight”) has been named "Product Innovation of the Year" at the 2025 Minnesota Manufacturing Awards.
"This award is another powerful validation of our vision for Novasight," said Thomas Looby, Conavi Medical’s CEO. "We’re proud to share it with Minnetronix Medical, our Minnesota-based development partner – their expertise and commitment made this award possible. As we work toward commercial launch of our next-generation Novasight, we are honoured to win this prestigious award in Minnesota, a world-leading location for medical device technology."
Novasight is the first commercial device to integrate intravascular ultrasound (IVUS) and optical coherence tomography (OCT) for simultaneous, co-registered imaging of coronary arteries. This unique technology provides interventional cardiologists with unparalleled, comprehensive insights during complex coronary procedures, enhancing their ability to make critical decisions required to deliver optimal patient outcomes.
The Minnesota Manufacturing Awards, presented annually by the Minneapolis/St. Paul Business Journal, celebrate the innovation, leadership, and growth of Minnesota's vibrant manufacturing industry. Conavi Medical and Novasight will be spotlighted in the Minneapolis/St. Paul Business Journal's special "Minnesota Manufacturing Awards" publication on July 18, 2025. For more information on the award, and to view a complete list of honorees, see the Business Journal's announcement: https://www.bizjournals.com/twincities/business-of-manufacturing
About Conavi Medical
Conavi Medical is focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. Its patented Novasight Hybrid™ System is the first system to combine both intravascular ultrasound (IVUS) and optical coherence tomography (OCT) to enable simultaneous and co-registered imaging of coronary arteries. The Novasight Hybrid System has 510(k) clearance from the U.S. Food and Drug Administration; and regulatory approval for clinical use from Health Canada, China's National Medical Products Administration, and Japan's Ministry of Health, Labor and Welfare. For more information, visit conavi.com.
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