A device 10 and method for replacing or restoring competence to incompetent
valves. The device 10 is inserted percutaneously or surgically and is preferably
constructed of a material capable of promoting cellular ingrowth such that, eventually,
native biologic tissue completely covers the device 10 insulating the blood
flow therefrom. The material is preferably bioabsorbable over time, allowing the
device to harbor the regeneration of a valve structure and to later become absorbed
by the body. The device is sized and arranged to mimic the valve it is replacing
or repairing.