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Hansen buys AorTx

This article was originally published in The Gray Sheet

Executive Summary

Robotic catheter placement system maker Hansen Medical acquires "early stage" percutaneous aortic heart valve replacement device developer AorTx for $10 mil up front and up to $30 million in additional milestone payments. Announced Nov. 1, the cash and stock deal will allow Hansen to develop robotic catheter solutions for heart valve therapy, the company says. Hansen's Sensei robotic catheter placement system is currently marketed for electrophysiology procedures (1"The Gray Sheet" May 14, 2007, p. 15)

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