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Power Medical Interventions Inc.

Division of Medtronic PLC
www.pmi2.com

Latest From Power Medical Interventions Inc.

Trends In MIS, Part I: Pushing Surgical Boundaries

The market for minimally invasive surgical products continues to grow, driven by increasing demand and advances in laparoscopic technologies and techniques. Medical device manufacturers are developing new and innovative endomechanical and energy devices, as well as improved camera systems, which are allowing surgeons to safely push surgical boundaries and expand the minimally invasive surgery (MIS) approach into more complex surgical procedures than ever before. From a market perspective, manufacturers are driving growth in the MIS product market by targeting underpenetrated and emerging markets, particularly in Asia and Latin America, and by focusing education, sales, and product development efforts on growing clinical areas with good potential for increasing MIS adoption.

Medical Device Asia Pacific

Percutaneous Mitral Valve Therapy: The Next Decade

After more than a decade, the field of transcatheter mitral valve therapy is still in its infancy, yet it is surprisingly crowded. The first percutaneous mitral valve company was founded in 1999, the same year that the first transcatheter aortic valve implantation (TAVI) company was founded, but while TAVI is now on the market in Europe and in the US, the leading transcatheter mitral valve therapy has only just completed clinical trials.

Medical Device Innovation

Medical Device and In Vitro Diagnostics/Research Deal Statistics Quarterly, Q3 2009

Medical device financing--primarily made up of late venture rounds--totaled just over $1 billion in Q3 2009, a 19% increase over the previous quarter. Acquisition dollars in the industry also surpassed $1 billion and included two $400 million-deals by Abbott. Most of the third quarter financing into in vitro diagnostics and research/analytical came from Qiagen's $628 million FOPO. And Agilent's $1.5 billion purchase of bioanalytical instrument maker Varian was the highest-value takeover.
Medical Device

Market & Industry Briefs

Brief summaries of recent medtech market and industry developments. This month we cover FDA's internal investigation of ReGen's Menaflex knee implant, the Institute of Medicine's review of the 510(k) process, and the lack of long-term efficacy data on artificial cervical discs.
Medical Device
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Company Information

  • Industry
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
  • Therapeutic Areas
  • Non-Specific
  • Alias(es)
  • Ownership
  • Private
  • Headquarters
  • Worldwide
    • North America
      • USA
  • Parent & Subsidiaries
  • Medtronic PLC
  • Senior Management
  • Michael Whitman, Pres. & CEO
    Brian M Posner, CFO
    Joe Camaratta, SVP, Global Sales & Mktg.
  • Contact Info
  • Power Medical Interventions Inc.
    Phone: (267) 775-8100
    2021 Cabot Blvd. W.
    Langhorne, PA 19047
    USA
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