trending Market Intelligence /marketintelligence/en/news-insights/trending/8OUS5YjkGTDcyJNwpZ8_sw2 content esgSubNav
In This List

Cardiovascular Systems buys artery device from Gardia Medical

Blog

Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise

Blog

Insight Weekly: US companies boost liquidity; auto insurers hike rates; office sector risk rises

Blog

Essential IR Insights Newsletter - Summer July-August 2023

Blog

Insight Weekly: Climate law faces hurdles; US borrowing surges; banks revise uninsured deposits


Cardiovascular Systems buys artery device from Gardia Medical

Cardiovascular Systems Inc. acquired Gardia Medical Ltd.'s Wirion embolic protection system and related assets.

The Wirion embolic protection system is used to capture debris associated with all types of peripheral vascular intervention procedures, or PVI, to treat peripheral artery disease.

PVI refers to minimally invasive procedures that remove plaque and enable blood to flow through arteries without surgically opening any limbs.

The device was granted Europe's CE mark in June 2015 and U.S. Food and Drug Administration clearance in March 2018.

The acquisition is set to improve Cardiovascular Systems' portfolio of products to save limbs and improve outcomes for patients undergoing complex peripheral interventions, according to the company.

Gardia, a wholly owned unit of Israel's Allium Medical Solutions Ltd., will retain rights to the device for angioplasty and stenting procedures in carotid arteries.

St. Paul, Minn.-based Cardiovascular Systems develops and manufactures devices to treat vascular and coronary diseases.