We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress hp
Sign In
Advertise with Us
ARAB HEALTH - INFORMA

Download Mobile App




Abbott Completes Topera Acquisition

By HospiMedica International staff writers
Posted on 25 Jan 2015
Print article
Abbott (Abbott Park, IL, USA) has completed its acquisition of Topera (Menlo Park, CA, USA), developer of innovative electrophysiology technologies for the diagnosis and treatment of atrial fibrillation (AF).

The Topera rotor identification system helps physicians identify and target patient-specific rotors that have been shown to be the sustaining mechanism for AF. The ability to locate these rotors enables the physician to individualize patient treatment through a procedure known as Focal Impulse and Rotor Mapping (FIRM) guided ablation. Topera’s rotor identification system, when used with existing catheter ablation therapy, has shown positive long-term success rates, even in difficult-to-treat cases.

While initially the Topera System may supplement current procedures, additional future clinical evidence could turn the systems patient-focused approach into the primary procedure for patients with AF. Under the terms of the acquisition, Abbott will acquire all outstanding equity of Topera for USD 250 million upfront, plus potential future payments tied to performance milestones. The catheter-based electrophysiology market is estimated to be worth approximately USD 3 billion globally and has been growing annually at double-digit rates.

“The Topera acquisition gives Abbott a foundational entry in the large, high-growth electrophysiology market with breakthrough technologies that can transform how physicians treat people with complex heart rhythm disorders,” said John Capek, PhD, executive vice president of medical devices at Abbott. “The ability to more accurately target the areas of the heart perpetuating atrial fibrillation is a significant advancement in the field of electrophysiology and can transform patient care.”

AF is the most common heart rhythm disorder, affecting more than 30 million people worldwide, with five million new cases reported annually. Treatment options include medications, which do not address the underlying problem, and minimally invasive, catheter-based ablation procedures, which are designed to disrupt the transmission of abnormal impulses in the heart. However, less than 3% of the approximately 12 million patients diagnosed with atrial fibrillation in the US, Europe, and Japan are treated with catheter ablation.

Related Links:

Abbott
Topera


Gold Member
SARS‑CoV‑2/Flu A/Flu B/RSV Sample-To-Answer Test
SARS‑CoV‑2/Flu A/Flu B/RSV Cartridge (CE-IVD)
Gold Member
STI Test
Vivalytic Sexually Transmitted Infection (STI) Array
New
Cannulating Sphincterotome
TRUEtome
New
Transcatheter Heart Valve
SAPIEN 3 Ultra

Print article

Channels

Surgical Techniques

view channel
Image: Schematic diagram of intra-articular pressure detection using a sensory system in a sheep model (Photo courtesy of Science China Press)

Novel Sensory System Enables Real-Time Intra-Articular Pressure Monitoring

Knee replacement surgery is a widely performed procedure to relieve knee pain and restore joint function, with over one million surgeries conducted annually. However, 10%-20% of patients remain dissatisfied... Read more

Patient Care

view channel
Image: The portable biosensor platform uses printed electrochemical sensors for the rapid, selective detection of Staphylococcus aureus (Photo courtesy of AIMPLAS)

Portable Biosensor Platform to Reduce Hospital-Acquired Infections

Approximately 4 million patients in the European Union acquire healthcare-associated infections (HAIs) or nosocomial infections each year, with around 37,000 deaths directly resulting from these infections,... Read more

Health IT

view channel
Image: First ever institution-specific model provides significant performance advantage over current population-derived models (Photo courtesy of Mount Sinai)

Machine Learning Model Improves Mortality Risk Prediction for Cardiac Surgery Patients

Machine learning algorithms have been deployed to create predictive models in various medical fields, with some demonstrating improved outcomes compared to their standard-of-care counterparts.... Read more

Point of Care

view channel
Image: The acoustic pipette uses sound waves to test for biomarkers in blood (Photo courtesy of Patrick Campbell/CU Boulder)

Handheld, Sound-Based Diagnostic System Delivers Bedside Blood Test Results in An Hour

Patients who go to a doctor for a blood test often have to contend with a needle and syringe, followed by a long wait—sometimes hours or even days—for lab results. Scientists have been working hard to... Read more
Copyright © 2000-2024 Globetech Media. All rights reserved.