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Market & Industry Briefs

Brief summaries of recent medtech market and industry developments. This month we cover results from the EVEREST II trial on the MitraClip percutaneous mitral valve repair system, CareFusion's acquisition of Medegen, Sanofi and Agamatrix's glucose monitoring deal and Myriad Genetics' unfavorable patent ruling.

Perhaps it's fitting that of the more than two dozen late-breaking clinical trials presented at this year's American College of Cardiology (ACC) meeting, it was a device trial—and an interventional device at that—that created the most buzz. No doubt the meeting planners recognized the high degree of interest the study would generate when they placed the EVEREST II trial in the first set of late-breakers—the only device study in the midst of several drug trial heavy-hitters covering a range of topics on the use of lipid- lowering and blood pressure medications in diabetics. But soon after the session was over, it was clear that the EVEREST II presentation—the first look at 12-month safety and efficacy outcomes from a randomized comparison of the MitraClip edge-to-edge percutaneous mitral valve repair system (developed by Evalve Inc., now part of Abbott Laboratories Inc.'s Abbott Vascular[See Deal]) versus surgical valve repair or replacement surgery—had stolen the show.

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