MASSDEVICE ON CALL — The medical device world will be watching intently this weekend as Medtronic (NYSE:MDT) releases data for the 1st time from a failed clinical trial of its Symplicity renal denervation device.
Medtronic is slated to present its initial findings from the Symplicity HTN-3 study tomorrow at the American College of Cardiology’s annual meeting in Washington.
News that the trial, widely expected to lead to a nod from the FDA for treating hypertension, failed to meet its primary efficacy endpoint shocked medtech late last year – especially the other major players in the RDN game.
St. Jude Medical (NYSE:STJ) sought a cautious tone in reaction to the bombshell, but Boston Scientific (NYSE:BSX) suspended its Vessix RDN program and Covidien (NYSE:COV) abandoned the field altogether.
Stay tuned to MassDevice.com tomorrow for the news on the Symplicity HTN-3 data from Washington.
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