Microvention MicroPlex
This article was originally published in The Gray Sheet
Executive Summary
Coil system for cerebral aneurysm treatment receives FDA 510(k) clearance and European CE mark approval. Privately-held Microvention's first product, the device will compete in the $150 mil. worldwide cerebral aneurysm market, estimated to grow to $500 mil. over the next several years. The MicroPlex consists of helical coils and a unique, complex coil that are detached from a catheter via microfluidic actuation for instantaneous release...