Boston Scientific & #039;s Lotus Valve Could Get FDA Approval in Mid-2019

Boston Scientific is on a roll today. Not only has the company announced yet another acquisition, but it also said it plans to submit the final technical module of the Lotus Edge aortic valve system premarket approval (PMA) application to FDA next week. This could put the device on track for a mid-2019 approval. The Lotus Edge for TAVR may be one of the most watched products in Boston Scientific's pipeline. The device has drawn interest from the medical and financial analyst communities because the current generation of the valve is known for having low rates of paravalvular leak (PVL). The Lotus Edge has been described as being designed to maintain those low PVL rates while also reducing permanent pacemaker implant rates with its Depth Guard technology. However, Boston Scientific’s Lotus Edge has been plagued with issues since early last year. In February 2017, the company pulled all of its Lotus valves from the market based on reports of a mechanical mishap with a pin connecting the valve to the delivery system. The company then announced in November that the Lotus Edge would be delayed again. This year the company has been relatively quiet about its progress with the Lotus Edge, until this morning's announcement. "With the recent Claret Medical acquisition, earlier Symetis acquisition, pending Lotus Edge submission, and Watchman, we believe there is potential for [Boston ...
Source: MDDI - Category: Medical Devices Authors: Tags: Business Cardiovascular Source Type: news