Police were called to reports of an assault in the Station Avenue area at just after 17:15. On arrival, officers found an injured male with a stab wound.
The victim was rushed to St Mary’s Hospital in Newport and it’s understood that specialist trauma doctors from Thames Valley Air Ambulance were called in.
A 35-year-old woman, from Ventnor, has been arrested on suspicion of wounding with intent to cause grievous bodily harm. She was also taken to St Mary’s Hospital to be treated for minor injuries.
The male’s injuries are not life-threatening.
Police say that this incident appears to be isolated and as such there is no suggestion of a wider problem or risk to the public.
Anyone who has information that may assist Police with their enquiries is asked to phone 101, quoting 44200160396.