Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Medtronic, Inc.    

MEDTRONIC, INC.
Mes dernières consult.
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Medtronic, Inc. : Medtronic Endurant® AAA Stent Graft Shows Durable Performance at Two Years in U.S. Study

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/16/2012 | 01:05pm CEST

Market-Leading Medical Device for Minimally Invasive Treatment of Abdominal Aortic Aneurysms Continues to Demonstrate Strong Safety and Efficacy

Bolstering confidence in endovascular repair of abdominal aortic aneurysms (AAA), Medtronic Inc. (NYSE:MDT) announced yesterday the two-year results from its U.S. clinical study of the Endurant AAA Stent Graft System, the global market leader in its product category.

Presented at this year's Charing Cross International Symposium (CX34) in London, the prospective Endurant U.S. investigational device exemption (IDE) study's complete results at two years continue to demonstrate durable clinical performance with strong safety and efficacy in long-term follow-up. These results add to a growing body of evidence on the Endurant AAA Stent Graft, which continues to deliver consistent clinical results in both controlled trials and real-world registries.

"The Endurant Stent Graft is performing just as well at two years as it did at one year, with no aneurysm-related mortalities, migrations or conversions," said the study's principal investigator, Dr. Michel Makaroun, professor and chief of vascular surgery at the University of Pittsburgh School of Medicine. "Freedom from aneurysm-related mortality and secondary interventions demonstrate favorable trends versus earlier generation devices. This finding will continue to play a critical role in improving the minimally-invasive treatment of patients with abdominal aortic aneurysms."

The Endurant U.S. IDE study enrolled 150 AAA patients at 26 U.S. medical centers. Significant to clinical practice, the study included patients with "landing zones," or healthy aortic neck lengths, as short as 10 mm, whereas most other trials of aortic stent grafts have required neck lengths of at least 15 mm. The study also monitored changes in aneurysm size and stent graft migration, a concern with current endovascular treatment, as well as the occurrence and type of endoleaks.

The study found that nearly all (97.6 percent) of the aneurysm sacs that were treated with the Endurant AAA Stent Graft decreased or remained stable in size at two years post-procedure, with only 0.8 percent Type I endoleaks and no Type III endoleaks.

In collaboration with leading clinicians, researchers and scientists, Medtronic offers the broadest range of innovative medical technology for the interventional and surgical treatment of cardiovascular disease and cardiac arrhythmias. The company strives to offer products and services that deliver clinical and economic value to healthcare consumers and providers worldwide.

ABOUT MEDTRONIC

Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the global leader in medical technology -- alleviating pain, restoring health and extending life for millions of people around the world.

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

Medtronic, Inc.
Public Relations
Joe McGrath, 707-591-7367
Investor Relations
Jeff Warren, 763-505-2696


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MEDTRONIC, INC.
06/23INTERNATIONAL BUSINESS MACHINES : Artificial Intelligence-Powered Sugar.IQ Diabe..
AQ
06/23INTERNATIONAL BUSINESS MACHINES : Artificial Intelligence-Powered Sugar.IQ(TM) D..
AQ
06/22DAILY DIVIDEND REPORT : Mdt, odc, dte, mas, udr
AQ
06/22MEDTRONIC : Receives FDA Approval of New Pediatric Indication for the MiniMed(TM..
AQ
06/22MEDTRONIC : Announces Scientific Data Presentations at the American Diabetes Ass..
AQ
06/22MEDTRONIC : Introduces Updated iPro2 myLog App with FoodPrint Report Enhancing D..
AQ
06/22MEDTRONIC : Management's Discussion and Analysis of Financial Condition and Resu..
AQ
06/22MEDTRONIC : Announces 9 Percent Increase In Cash Dividend
GL
06/22MEDTRONIC : Receives FDA Approval of New Pediatric Indication for the MiniMed(TM..
AQ
06/21MEDTRONIC : Findings in Biopsies Reported from Medtronic (The Payer and Patient ..
AQ
More news
News from SeekingAlpha
2015DIVIDEND INCOME UPDATE : January 2015 
2015FDA clears Medtronic transcatheter heart valve 
2015Dividend Aristocrats And A Fundamental Principle Of Dividend Growth Investing 
2015Boston Scientific Awaits Court Decision 
2015The DGI 'Factual 48' Versus 'The Favored 44' 
Financials ($)
Sales 2019 30 631 M
EBIT 2019 8 815 M
Net income 2019 5 037 M
Debt 2019 9 719 M
Yield 2019 2,24%
P/E ratio 2019 24,04
P/E ratio 2020 20,53
EV / Sales 2019 4,16x
EV / Sales 2020 3,92x
Capitalization 118 B
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 94,8 $
Spread / Average Target 9,2%
EPS Revisions
Managers
NameTitle
Omar S. Ishrak Chairman & Chief Executive Officer
Mark Ploof Senior Vice President-Global Operations
Karen L. Parkhill Chief Financial Officer & Executive Vice President
Richard H. Anderson Lead Independent Director
Craig Arnold Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
MEDTRONIC, INC.117 660
MEDTRONIC PLC7.26%117 660
BAXTER INTERNATIONAL14.98%39 970
ALIGN TECHNOLOGY58.99%28 314
TERUMO CORP24.16%23 057
ZIMMER BIOMET HOLDINGS-7.59%22 718