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Medtronic acquires Aptus Endosystems

Read time: 1 mins
Last updated:20th Jun 2015
Published:20th Jun 2015
Source: Pharmawand
Medtronic has acquired the assets of Aptus Endosystems, Inc., a Sunnyvale, Calif. based, privately held medical device company focused on developing advanced technology for endovascular aneurysm repair (EVAR) and thoracic endovascular aneurysm repair (TEVAR). Medtronic completed its acquisition of the assets of Aptus Endosystems in a transaction valued at approximately $110 million. Additional terms of the acquisition were not disclosed. Aptus Endosystems' Heli-FX and Heli-FX� Thoracic EndoAnchor systems feature an endovascular deployed anchor designed to attach a variety of aortic endografts to the native vessel wall. This off-the-shelf, customized solution minimizes the need for complicated procedures for the select subset of patients who would benefit from supplementary fixation. This may include patients with challenging anatomies, risk factors for a secondary intervention, existing seal complications, as well as in situations where a physician may intraoperatively determine the need for additional security.

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