Thoratec Seeks Less Invasive VAD Access With Apica Acquisition

The completed deal calls for $35 million up front and $40 million in future clinical and sales milestones. Apica is developing systems to assist transapical surgical access for ventricular assist devices and transcatheter valve replacements.

Thoratec Corp. hopes to establish less invasive approaches for implanting its ventricular-assist devices with technology acquired in its acquisition of Galway, Ireland-based Apica Cardiovascular Ltd.

Thoratec announced the deal July 2, including a $35 million upfront cash payment plus up to $40 million in future...

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