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Let The U.S. Drug-Coated Balloon Battle Begin

Medtronic gained FDA approval for its drug-coated balloon for the peripheral artery, as expected, and it is now gunning to take share from first-to-market C.R. Bard with the help of impressive clinical data and a formidable Covidien peripheral vascular device sales force.

The U.S. drug-coated balloon market just became competitive. Medtronic PLC announced FDA approval of its IN.PACT Admiral paclitaxel-coated balloon for treating peripheral artery disease Jan. 5, primed for a match up with CR Bard Inc.'s first-to-market Lutonix 035.

Bard had an almost three-month head start in the U.S., launching Lutonix in October. But Medtronic is expected to quickly...

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