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More Than Just A VAD Maker: HeartWare Broadens Heart Failure Focus With Valtech Buy

The deal will make HeartWare more of a go-to firm for heart-failure specialists, executives say. It comes soon after St. Jude Medical announced its acquisition of Thoratec, another VAD-focused firm whose technology will now be sold alongside a broader set of tools for heart-failure caregivers.

HeartWare International Inc. says its acquisition of Valtech Cardio Ltd., developer of mitral and tricuspid valve repair technologies, is a major step toward transforming the mechanical circulatory assist device company into the heart failure intervention market leader.

“Our two companies share a common mission to develop technologies to help a broad spectrum of heart failure patients,” HeartWare CEO Douglass Godshall said during the September 1 conference call announcing HeartWare and Valtech Cardio’s definitive agreement to merge

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