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Medical Instruments & Supplies M&A image Medical Instruments & Supplies M&A » By The Online Investor Staff, updated Tue., Apr. 30, 4:14 AM Recent mergers and acquisitions in the Medical Instruments & Supplies M&A category.

Slide #35. AtriCure Estech

Acquirer: AtriCure (NASDAQ:ATRC)
Acquiree: Estech
Details: AtriCure, Inc. (NASDAQ:ATRC), a leading Atrial Fibrillation medical device provider, today announced the completion of the previously announced acquisition of Endoscopic Technologies, Inc. d/b/a Estech ("Estech"). Estech develops and markets a portfolio of innovative surgical ablation devices that enable physicians to perform a variety of traditional and minimally invasive procedures using Estech's proprietary temperature controlled RF energy.

AtriCure provides treatments for atrial fibrillation (Afib), left atrial appendage management and post-operative pain. Co.'s ablation and left atrial appendage management products are used by physicians during both open-heart and minimally invasive procedures. Co.'s Isolator® Synergy™ Ablation System is approved by U.S. Food and Drug Administration (FDA) for the treatment of persistent and long-standing persistent Afib concomitant to other open-heart surgical procedures. The EPi-Sense® system is approved by FDA to treat patients with long-standing persistent Afib. All of Co.'s other ablation devices are cleared for sale in U.S., including its other radio frequency and cryoablation products.

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Company Name:  AtriCure Inc
Website:  www.atricure.com
Sector:  Medical Instruments & Supplies
Number of ETFs Holding ATRC:  29
Total Market Value Held by ETFs:  $153.31M
Total Market Capitalization:  $1.07B
% of Market Cap. Held by ETFs:  14.30%
 

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April 30, 2024    4:14 AM Eastern
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Strong Buy (3.89 out of 4)
75th percentile
(ranked higher than approx. 75% of all stocks covered)

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