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Startup licensed for heart-valve repair tool

UM Ventures announced that it has granted Harpoon Medical Inc., a Stevenson-based medical device company, exclusive rights to a portfolio of technologies for cardiac valve repair developed at the University of Maryland School of Medicine.

The technology centers on an image-guided surgical tool that allows surgeons to perform minimally invasive repair of the heart’s mitral valve.

UM Ventures is a joint research commercialization initiative of the University of Maryland, Baltimore, and the University of Maryland, College Park.

Harpoon Medical, founded in 2013, is headed by Bill Niland, an experienced medical technology executive.

Niland founded Vapotherm Inc., of Annapolis, a respiratory device manufacturer, and also founded and was CEO of Glen Burnie-based National Sleep Technologies, the largest sleep diagnostics company in the U.S.