Shockwave Medical (NSDQ:SWAV) this week announced it signed an agreement to acquire all of the issued and outstanding common shares of Neovasc (NSDQ:NVCN). Neovasc enrolled its first patient in a clinical trial studying the Neovasc Reducer in January 2022. The company designed the device to reduce angina symptoms in people with refractory … [Read more...] about Shockwave Medical to acquire Neovasc for up to $147M
Catheters
Abbott wins FDA nod for its Navitor transcatheter aortic valve implant
Abbott (NYSE:ABT) announced this week that it received FDA approval for its latest-generation transcatheter aortic valve implantation (TAVI) system. The company designed the Navitor system for treating people with severe aortic stenosis at high or extreme risk for open-heart surgery. It adds to Abbott’s transcatheter structural heart … [Read more...] about Abbott wins FDA nod for its Navitor transcatheter aortic valve implant
Gemini Medical partners with UroGPO for improved access to air-charged urodynamic catheters
Gemini Medical Technologies this week announced it entered a partnership with UroGPO, a Specialty Networks Company, to give urologists access to affordable air-charged urodynamics catheters. UroGPO members will gain access to Gemini's Atmos air-charged urodynamics catheter line through the deal. Atmos is made from a flexible polyurethane … [Read more...] about Gemini Medical partners with UroGPO for improved access to air-charged urodynamic catheters
Ra Medical realigns board of directors following merger
Ra Medical Systems (NYSE:RMED) this week announced the realignment of its board of directors in conjunction with the recently announced merger with Catheter Precision. David Jenkins joins the board as executive chair, and James Caruso will serve as a director. Martin Colombatto, Will McGuire and Susann Meline will serve as directors. … [Read more...] about Ra Medical realigns board of directors following merger
Medtronic enrolls first patient in head-to-head aortic stent graft trial with Gore Medical
Medtronic (NYSE:MDT) today announced that it enrolled the first patient in a head-to-head trial of aortic stent graft systems. The Advance trial evaluates the Medtronic Endurant II/IIs and the Gore Excluder AAA device family. Medtronic said in a news release that it expects to enroll 550 patients at up to 50 global centers in the trial. After … [Read more...] about Medtronic enrolls first patient in head-to-head aortic stent graft trial with Gore Medical
FDA hits Olympus with warning letters after factory inspections
The FDA today released warning letters against Olympus Medical Systems Corp. and Olympus Corp. subsidiary Aizu Olympus following inspections of their endoscope and reprocessor manufacturing facilities. The warning letters allege medical device reporting (MDR) and quality system violations at the manufacturing operations. “Olympus’ highest … [Read more...] about FDA hits Olympus with warning letters after factory inspections
FDA clears Lightning Flash thrombectomy system from Penumbra
Penumbra (NYSE:PEN) announced today that it received FDA clearance for the Lightning Flash mechanical thrombectomy system. Alameda, California-based Penumbra also initiated the launch for the system. The company called Lightning Flash "the most advanced and powerful mechanical thrombectomy system on the market." Lightning Flash features the … [Read more...] about FDA clears Lightning Flash thrombectomy system from Penumbra
Ra Medical Systems completes merger with Catheter Precision
Ra Medical Systems (NYSE:RMED) and Catheter Precision this week announced the completion of their stock-for-stock merger transaction. The deal was previously announced in September 2022. Under the terms of the agreement, Catheter Precision becomes a wholly-owned subsidiary of Ra Medical. The combined company will focus on the cardiac … [Read more...] about Ra Medical Systems completes merger with Catheter Precision
Endoron Medical awarded €2.5M European Commission grant for endovascular repair device
Endoron Medical recently announced it was awarded a €2.5 million grant by the European Commission under the EIC Accelerator program. Tel Aviv, Israel-based Endoron is developing an innovative solution for the endovascular repair of abdominal aortic aneurysms (AAA). The grant will support the scale-up and clinical evaluation of the Aortoseal … [Read more...] about Endoron Medical awarded €2.5M European Commission grant for endovascular repair device
Bendit Technologies signs manufacturing agreement for steerable microcatheters
Bendit Technologies recently announced it signed a manufacturing agreement with InNeuroCo to produce the Bendit steerable microcatheter. The Tel Aviv, Israel-based company will begin production of its Bendit steerable microcatheter at InNeuroCo's facility in Miami, Florida. The partnership will allow Bendit Technologies to scale manufacturing to … [Read more...] about Bendit Technologies signs manufacturing agreement for steerable microcatheters