-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BRIM50w/rOPxGwJJIqvCmGTJe93EKLfLLJvKAzEPOiC4PunZwry+7yWwhLsmdMnq
 hMnphdlcAxll8CV47Ix0/Q==

<SEC-DOCUMENT>0001183740-09-000199.txt : 20090504
<SEC-HEADER>0001183740-09-000199.hdr.sgml : 20090504
<ACCEPTANCE-DATETIME>20090504131050
ACCESSION NUMBER:		0001183740-09-000199
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090504
DATE AS OF CHANGE:		20090504
EFFECTIVENESS DATE:		20090504

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEOVASC INC
		CENTRAL INDEX KEY:			0001399708
		STANDARD INDUSTRIAL CLASSIFICATION:	SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-103262
		FILM NUMBER:		09792584

	BUSINESS ADDRESS:	
		STREET 1:		2135 13700 Mayfield place
		CITY:			RICHMOND
		STATE:			A1
		ZIP:			00000
		BUSINESS PHONE:		604-270-4344

	MAIL ADDRESS:	
		STREET 1:		2135 13700 Mayfield place
		CITY:			RICHMOND
		STATE:			A1
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Medical Ventures Corp
		DATE OF NAME CHANGE:	20070516
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0301</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001399708</cik>
        <entityName>NEOVASC INC</entityName>
        <issuerAddress>
            <street1>2135 13700 Mayfield place</street1>
            <street2></street2>
            <city>RICHMOND</city>
            <stateOrCountry>A1</stateOrCountry>
            <zipCode>V6V 2E4</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>604-270-4344</issuerPhoneNumber>
        <issuerPreviousNameList>
            <previousName>Medical Ventures Corp</previousName>
        </issuerPreviousNameList>
        <jurisdictionOfInc>A1</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Chris</firstName>
                <middleName></middleName>
                <lastName>Clark</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>946 West 20th Avenue</street1>
                <street2></street2>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V5Z 1Y5</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Paul</firstName>
                <middleName></middleName>
                <lastName>Geyer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4999 Sussex Ave</street1>
                <street2></street2>
                <city>Burnaby</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V5G 4N9</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Alexei</firstName>
                <middleName></middleName>
                <lastName>Marko</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3756 West 19th Avenue</street1>
                <street2></street2>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6S 1C6</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Douglas</firstName>
                <middleName></middleName>
                <lastName>Janzen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4677 Drummond Drive</street1>
                <street2></street2>
                <city>Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6R 1E8</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Steven</firstName>
                <middleName></middleName>
                <lastName>Rubin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>6301 S.W. 106th Street</street1>
                <street2></street2>
                <city>Pinecrest</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33156</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jane</firstName>
                <middleName></middleName>
                <lastName>Hsiao</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4100 E. Lake Estates Drive</street1>
                <street2></street2>
                <city>Davie</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33328</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <middleName></middleName>
                <lastName>O'Neill</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>11404 Four Fillies Road</street1>
                <street2></street2>
                <city>Pinecrest</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33156</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Boaz</firstName>
                <middleName></middleName>
                <lastName>Lifschitz</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1 Yael Street</street1>
                <street2></street2>
                <city>Jerusalem</city>
                <stateOrCountry>L3</stateOrCountry>
                <zipCode>93502</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Efrem</firstName>
                <middleName></middleName>
                <lastName>Kamen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>114 East 13th, Apt 3D</street1>
                <street2></street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10003</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Health Care</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1,000,001 - $5,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-04-23</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Units consisting of one share and one half of one warrant</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>2576588</totalOfferingAmount>
            <totalAmountSold>1503010</totalAmountSold>
            <totalRemaining>1073578</totalRemaining>
            <clarificationOfResponse>Total Offering Amount represents the subscription price of the 8,743,938 Units sold (US$1,503,010), plus the aggregate exercise price of the 4,371,967 warrants forming part of the Units.  There is no guarantee that these warrants will be exercised.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>11</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>NEOVASC INC</issuerName>
                <signatureName>/s/ Chris Clark</signatureName>
                <nameOfSigner>Chris Clark</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2009-04-29</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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