Abstract: A method and device for cutting venous valve located within the lumen of a vein. The device comprises an elongate shaft of rigid or flexible construction and a valvulotome blade positioned on the distal end of said elongate shaft. The valvulotome blade comprises an elongate shank portion which is disposed substantially parallel to the longitudinal axis of the shaft, and a head portion which extends laterally from the shank portion of the blade. The head portion of the blade comprises an outer venous wall abutment surface and a proximal cutting surface. The venous wall abutting surface is a spaced distance from the proximal cutting surface such that the venous wall abutment surface may be forced into abutment with the venous wall and the device may be drawn through a venous valve such that the proximal cutting surface will cut the venous valve, but will not come into contact with the adjacent vein wall.