FEATURED PRODUCT: Interpretation of FDA's (QSR) With QSIT references
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$360 Million for Edwards Lifesciences Acquisitions
The largest producer of artificial heart valves,
Edwards Lifesciences Acquisitions, is looking to buy out heart medical device
manufacturers. The CEO - Michael Mussallem said - they prefer not be become
acquired, "it isn't part of our strategy".
The company, based in Irvine, California, is head to head with Medtronic over
the Transcatheter valve market. The company's device - Sapein heart valve -
prevent a little less than half of all deaths than standard therapy. The device
is gaining momentum and is expected to fetch almost $3 Billion in 2014.
The acqusition of smaller medical device manufacturers has been something that
has steadily grown and the industry has seen
an explosion in deal making.
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