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More Than Just A VAD Maker: HeartWare Broadens Heart Failure Focus With Valtech Buy

The deal will make HeartWare more of a go-to firm for heart-failure specialists, executives say. It comes soon after St. Jude Medical announced its acquisition of Thoratec, another VAD-focused firm whose technology will now be sold alongside a broader set of tools for heart-failure caregivers.

HeartWare International Inc. says its acquisition of Valtech Cardio Ltd., developer of mitral and tricuspid valve repair technologies, is a major step toward transforming the mechanical circulatory assist device company into the heart failure intervention market leader.

“Our two companies share a common mission to develop technologies to help a broad spectrum of heart failure patients,” HeartWare CEO Douglass Godshall said during the September 1 conference call...

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Podcast: Lung Life AI CEO Shares Regulatory And Reimbursement Journey For Lung Cancer Diagnostic

 
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BD To Shift China-Facing Production, Ramp Up US Output With $2.5B To Counter Tariff Blow

 
• By Shubham Singh

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Zika Virus Test Among 4 New FDA Device Classifications

 
• By Elizabeth Orr

The FDA plans to announce class II status for four new device types, including tests for the Zika virus and genetic condition Fragile X. This follows earlier announcements and highlights a trend toward diagnostic classifications. The classifications are considered deregulatory, meaning they will hel