Showing posts with label Medtronic. Show all posts
Showing posts with label Medtronic. Show all posts

Monday, April 13, 2009

Medtronic Completes Acquisition of CoreValve Inc

In a move to further expand a comprehensive cardiovascular portfolio, Medtronic, Inc. announced the completion of its acquisition of CoreValve Inc. CoreValve develops percutaneous, catheter-based transfemoral aortic valve replacement products. Medtronic also recently acquired Ventor Technologies, Ltd., a developer of percutaneous, catheter-based transapical aortic valve replacement products. “These acquisitions position us as a leader in one of the most exciting new markets in medical devices. We expect a significant number of people with aortic stenosis to benefit from these break-through technologies,” said Bill Hawkins, chairman and CEO of Medtronic. “We have the scale and expertise to accelerate the use of these life-saving technologies.”

Friday, April 10, 2009

Medtronic Wraps Up Buy of CoreValve

US medical device company Medtronic said it has closed the acquisition of local company CoreValve, which develops products that provide an alternative to heart valve replacement surgery.