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    market news

    Medtronic Treats First Patient with Investigational Graft for Aortic Aneurysm Repair

    Vivien Diniz
    Feb. 10, 2016 09:45AM PST
    Medical Device Investing

    Fierce Medial Devices reported that Medtronic signaled its interest in abdominal aortic aneurysm repair last year with the $110 million acquisition ofAptus Endosystems and investment in Arsenal AAA in return for an option to acquire the company.

    Fierce Medial Devices reported that Medtronic signaled its interest in abdominal aortic aneurysm repair last year with the $110 million acquisition ofAptus Endosystems and investment in Arsenal AAA in return for an option to acquire the company.
    According to the article:

    The mortality rate is 25 percent when treating a thoracoabdominal aortic aneurysm with an open surgical technique, which involves cutting open the aorta. Providing the patient with an option for a less-invasive approach is needed. This procedure marked an important step in the process to obtain FDA approval, and Sanford’s support of such innovation will give hope to patients afflicted with challenging disease states such as this.

    Click here to view the full report. 

    market newsfda approval
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