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Epix Therapeutics (formerly Advanced Cardiac Therapeutics)

Medtronic put up $316m for Epix Therapeutics

June 24, 2019 By Brad Perriello

Medtronic (NYSE:MDT) put a total of $316 million on the table to acquire Epix Therapeutics, including a $100 million earn-out. The Fridley, Minn.-based company, which is the world’s largest pure-play medical device maker, in January announced the deal for Epix, formerly known as Advanced Cardiac Therapeutics, without revealing further terms. In a regulatory filing last week, […]

Filed Under: Cardiovascular, Featured, Mergers & Acquisitions, Wall Street Beat Tagged With: Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Medtronic

Medtronic to acquire cardiac ablation tech dev Epix Therapeutics

January 25, 2019 By Fink Densford

Medtronic (NYSE:MDT) said yesterday that it inked a deal to acquire cardiac ablation tech developer Epix Therapeutics, formerly known as Advanced Cardiac Therapeutics, for an undisclosed amount. Santa Clara, Calif.-based Epix’s flagship device is the DiamondTemp catheter-based radiofrequency cardiac ablation system, which won CE Mark approval in the European Union in 2017. The company is engaged […]

Filed Under: Business/Financial News, Cardiovascular, Catheters, Featured, Mergers & Acquisitions Tagged With: Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Medtronic

These medtech companies raised the most VC last year

January 19, 2018 By Danielle Kirsh

Perhaps there’s a ray of hope that venture capital funding is recovering a bit for the medical device industry. VC firms invested more than $2.8 billion in 2017, an increase of more than $647 million from 2016, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and CB Insights. There were a total 229 deals involving […]

Filed Under: Cardiovascular, Digital Health, Funding Roundup, Hospital Care, Implants Tagged With: Auris Surgical Robotics, Cereve, EarLens, Ebb Therapeutics, EBR Systems Inc., Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Fractyl Laboratories, immusant, MedTech, Moximed, NeuroPace, Outset Medical, Pulmonx, Respicardia, rxsight, Silk Road Medical Inc., venture capital, VertiFlex Inc., Xenex

ACT touts 1st-in-human trial for RF ablation tech

January 26, 2016 By Fink Densford

Advanced Cardiac Therapeutics said yesterday the 1st 12 patients have been treated using its open-irrigated radio frequency ablation technology to treat atrial fibrillation. The treatments were performed in Prague by study principal investigator Dr. Vivek Reddy of Mt. Sinai Hospital, the company said. ACT’s RF tech incorporates a generator with a novel temperature-sensing low-flow catheter […]

Filed Under: Cardiovascular, Catheters, Clinical Trials, Vascular Tagged With: Epix Therapeutics (formerly Advanced Cardiac Therapeutics)

Plan for Medtronic-Covidien management structure unveiled | The week in medtech M&A

November 5, 2014 By MassDevice Contributors Network Leave a Comment

Medtronic unveils post-merger management structure

October 30, 2014 by Val Kennedy

Filed Under: Mergers & Acquisitions, News Well Tagged With: Abbott, Biomet, Covidien, Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Spectranetics Corp., Topera Medical, Zimmer Biomet

Abbott buys into electrophysiology with $250m Topera acquisition

October 29, 2014 By Brad Perriello Leave a Comment

Abbott buys into electrophysiology with $250m Topera acquisition

Filed Under: Mergers & Acquisitions, News Well Tagged With: Abbott, Electrophysiology, Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Topera Medical

Edwards CEO Mussallem announces stock plans | Personnel Moves

May 7, 2012 By MassDevice staff Leave a Comment

fired/hired

 Edwards’ CEO Mussallem exercises stock options

Filed Under: News Well, Wall Street Beat Tagged With: CardioKinetix Inc., Edwards Lifesciences, Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Personnel Moves, SRS Medical, Zeltiq

First hybrid MRI/PET scanner cleared by FDA | Regulatory Roundup

June 10, 2011 By MassDevice staff Leave a Comment

M and A Roundup

The FDA announced today that it cleared the Siemens AG (NYSE:SI) Biograph, the first device to perform positron emission tomography scanning and magnetic resonance imaging scanning at the same time.

PET scans allow physicians to see how organs are functioning by injecting radioactive tracers into a patient’s blood stream and MRIs use magnetic fields and radiowaves to create detailed images of organs, soft tissues, bones and other body structures.

Filed Under: News Well Tagged With: Access Scientific Inc., Epix Therapeutics (formerly Advanced Cardiac Therapeutics), GE Healthcare, Siemens

Stryker taps ex-J&J exec to lead neurotech and spine group | Personnel moves

April 29, 2011 By MassDevice staff Leave a Comment

MassDevice.com Personnel Moves

Stryker Corp. (NYSE:SYK) picked a former Johnson & Johnson (NYSE:JNJ) executive to lead its nascent neurotechnology and spine group.

Filed Under: News Well Tagged With: ArQule Inc., Cleveland Clinic, Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Life Technologies Corp., Menicon Co. Ltd., NeurogesX Inc., NxStage Medical Inc., PenRad Technologies Inc., Personnel Moves, Semprus BioSciences, Stryker, Teleflex

Svelte touts six-month outcomes for angioplasty system | Research roundup

March 21, 2011 By MassDevice staff Leave a Comment

Clinical trials roundup

Svelte Medical Systems Inc. closed a six-month follow-up analysis for the first clinical trial of its Acrobat angioplasty system.

CEO Mark Pomeranz said the "excellent" results from the Europe and South America-based trial are a "significant milestone" for the New Providence, N.J.-based company.

The company calls the Acrobat device an "all in one" stenting system.

Filed Under: News Well Tagged With: Baxano Surgical, Clinical Trials, Covidien, Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Genomic Health Inc., SANUWAVE Health Inc., Svelte Medical Systems Inc., W.L. Gore & Associates

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