Medtronic’s Less-Invasive Heart Valve Approved by FDA
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Medtronic Inc.’s less-invasive heart valve was approved early by U.S. regulators for patients who can’t have open-heart surgery.
Medtronic said the Food and Drug Administration cleared the device, called CoreValve, that is inserted with a catheter, while traditional valve replacement is done through an invasive operation. CoreValve will be priced about the same as Edwards LifeSciences Corp.’s Sapien, its only U.S. rival, said John Liddicoat, president of Medtronic’s structural heart business.