A Delaware chancery court judge has tossed nearly all of the claims brought by Neurvana Medical against a pair of senior executives of Balt International for reneging on a $16 million deal for Neurvana’s Titan neurovascular catheter. The story of the lawsuit, filed in January 2019, begins with Balt’s September 2016 acquisition of Blockade Medical, including […]
Balt parent escapes Neurvana Medical sabotage suit
Balt International this week escaped a lawsuit brought by Neurvana Medical accusing Balt, its U.S. subsidiary and two executives of reneging on a $16 million deal for its Titan neurovascular catheter in scheme to “sabotage and destroy” Neurvana. In September 2016, the French company acquired Blockade Medical, including its Barricade coil and a facility in Irvine, […]
Balt wins CE Mark for Titan aspiration catheter
Balt said yesterday that it won CE Mark approval in the European Union for the Titan aspiration catheter. The catheter dates back to the September 2016 acquisition of endovascular device developer Blockade Medical and its Barricade coil. Blockade’s facility in Irvine, Calif., became the headquarters for Balt’s new American subsidiary, with Blockade co-founder, president & […]
Neurvana Medical alleges Balt sought to ‘sabotage and destroy’ after spinout
Neurvana Medical this month accused Balt International and a pair of its senior executives of reneging on a $16 million deal for its Titan neurovascular catheter in scheme to “sabotage and destroy” Neurvana. The story of the lawsuit, filed Jan. 17 in the Delaware Chancery Court, begins with Balt’s September 2016 acquisition of Blockade Medical, including its Barricade […]
