ALEXANDRIA, Va., July 16 -- United States Patent no. 12,357,460, issued on July 15, was assigned to Versa Vascular Inc..

"System and method for cardiac valve repair" was invented by Daniel T. Wallace (Santa Cruz, Calif.), Juan Granada (Upper Saddle River, N.J.), Jeremy J. Boyette (Woodside, Calif.), Peter W. Gregg (Santa Cruz, Calif.), Spencer C. Noe (San Miguel, Calif.) and Evelyn N. Haynes (Los Gatos, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A valve implant includes an occlusive assembly and a frame coupled to the occlusive assembly. The frame transitions from a collapsed state to an expanded state about a central longitudinal axis and transitioning from the collapsed state to the expanded sta...