BTG Enters IVC Market With $150M Novate Bolt-On
Executive Summary
The diversified UK firm is betting $20m upfront and up to $150m total on a novel inferior vena cava filter technology.
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A Chance To Own The Venous Space: BTG Acquires Novate
Complications with inferior vena cava (IVC) filters and subsequent patient-injury lawsuits have made this a tricky space for medical technology innovators, but BTG has not been deterred. The UK company has entered the fray with a technology developed by Novate Medical, and as a bioconvertible product BTG believes it has key advantages compared with other offerings.
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