An FDA advisory panel yesterday narrowly recommended approval for the first-of-a-kind MitraClip heart implant made by Abbott (NYSE:ABT), designed to prevent blood from flowing backward across the mitral valve.
Abbott
FLASH: FDA panel votes 5-3 that benefits of Abbott’s MitraClip heart implant outweigh the risks
The FDA’s Circulatory System Devices Panel voted today to make its recommendation regarding Abbott’s (NYSE:ABT) premarket approval application for the MitraClip heart implant, agreeing unanimously that the device is safe but issuing a mixed result on the effectiveness and potential risks of the device.
FDA says it won’t recommend approval for Abbott’s MitraClip implant
Correction: March 20, 2013, at 11:40 a.m.: This article mistakenly stated that the FDA’s advisory panel recommended against approval for MitraClip. The recommendation came from the FDA’s internal reviewers prior to the panel meeting.
Looking back on a pretty sedate ACC
Sometimes the major annual medical meetings are jam-packed with significant and market-moving data. And then sometimes they’re like this year’s American College of Cardiology conference, with relatively limited useful data from an investing perspective.
MassDevice.com +3 | The top 3 med-tech stories for March 15, 2013
Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
Abbott accuses Boston Scientific of poaching stent sales VP, reps
ACC.13 Roundup: A big week for Medtronic’s Symplicity high blood pressure device
Which medical device companies are the best to work for?
Johnson & Johnson (NYSE:JNJ) tops the charts as the best medical device company to work for according to Glassdoor.com, a database of anonymously posted information about salaries, interviews and jobs from current and former medical device industry employees.
Abbott’s MitraClip gets a date with the FDA
Downton Abbey: The medical device industry’s unique connection to a hit television show
Downton Abbey, the hit PBS show about the aristocracy in post-Edwardian-era England, makes millions of viewers’ hearts soar, but it might not have happened without the timely support of a heart valve and the generosity of a few prominent medical device industry folks.