Inari Medical — now part of Stryker — announced that it launched its Artix thrombectomy system for arterial thrombectomies. The company built Artix for the distinct needs of the peripheral arterial system, according to a news release. It marks Inari’s inaugural entry into the arterial space. Nitinol innovation: Download our free special report featuring nitinol expertise and […]
Inari Medical
Stryker completes acquisition of Inari Medical
Stryker announced today that it completed its previously announced acquisition of Inari Medical. The Portage, Michigan–based orthopedic and surgical device giant announced last month that it struck a deal to acquire Inari worth $4.9 billion. Inari develops solutions for venous thromboembolism (VTE) clot removal without the use of thrombolytic drugs. Stryker believes adding Inari brings […]
Stryker strikes $4.9B deal to buy Inari Medical
Stryker today said it has a definitive agreement to purchase Inari Medical for $80 per share, a big premium that puts the deal’s value at $4.9 billion. Shares of Inari Medical were trading around $48 earlier today. The deal was announced after market close. The deal has been approved by the boards of both Portage, […]
The biggest cardiovascular tech stories from TCT 2024
The 2024 edition of the Transcatheter Cardiovascular Therapeutics (TCT) conference once again highlighted significant innovations in cardiovascular care. This year’s event in Washington, D.C., featured company updates on all types of technologies, including heart valves, access and closure devices, drug-eluting implants, intravascular lithotripsy (IVL), renal denervation (RDN) and more. Some of the biggest names in […]
Inari Medical’s FlowTriever meets primary endpoint in pulmonary embolism trial
Inari Medical (Nasdaq:NARI) today announced positive results from its prospective PEERLESS trial for the FlowTriever system. The company designed its FlowTriever for device retrieval and aspiration. The system treats pulmonary embolism (PE). FlowTriever non-surgically removes clots from peripheral blood vessels. Its uses include treatment for PE and clots in transit in the right atrium. It received […]
Inari Medical updates ClotTriever XL catheter instructions for use following reports of injury and death
Inari Medical has updated its instructions for using some ClotTriever XL catheters in a Class I recall due to injury and death reports. The company recalled and updated use instructions after discovering serious adverse events caused by the device entering or blocking the lung arteries. The use of affected products could continue to cause serious […]
Inari Medical stock sinks on Q2 results, CFO retires
Inari Medical shares took a hit today on second-quarter results that came in mixed compared to the consensus forecast. Shares of NARI fell 10% to $47 apiece in midday trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — rose slightly. The Irvine, California-based thrombectomy device developer […]
Inari Medical alleges patent infringement by Imperative Care, Truvic Medical
Inari Medical announced today that it filed a patent infringement lawsuit against Imperative Care and its Truvic Medical subsidiary. Irvine, California–based Inari Medical filed the lawsuit in the U.S. District Court for the Northern District of California. The company, which develops treatments for venous and other diseases, seeks injunctive relief and damages for infringement. Inari […]
After Inari deal, Limflow COO joins heart pump startup Brightflow as CEO
Sophie Humbert, the chief operating officer at LimFlow, says she has taken on the position of CEO at startup Brightflow. Humbert took to LinkedIn to announce the move: “I am excited to share that I have recently taken on the role of CEO at Brightflow,” she wrote. “This innovative company is focused on designing an […]
Retriever Medical launches Series A funding round to advance thrombectomy system
Retriever Medical is on the hunt for investors to fund continued development of its unique thrombectomy system. The Las Vegas-based startup is seeking $10 million in a Series A funding round, Retriever Medical co-founder, President and CEO Ben Bobo said in an interview. The company has already raised $3.5 million and is nearing a design […]
10 new, innovative medical devices to watch for in 2024
By Senior Editor Danielle Kirsh and Associate Editor Sean Whooley Significant medical device launches are coming in 2024. Think pulsed field ablation, diabetes treatment tech, surgical robotics and more. Pulsed field ablation news took over at the end of 2023 and the start of 2024, with Medtronic and Boston Scientific garnering significant regulatory approvals. Surgical […]
