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GLG News by this Author
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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Abbot will benefit in long run with acquisition of Evalve.
September 15, 2009
Abbott To Acquire Evalve, Inc., A Leader In Minimally Invasive Cardiac Valve Repair Technology | www.medicalnewstoday.com
The acquisition will definitely have a significantly beneficial effect on the market standing as well as product portfolio of Abbot. Even though at the present time this technique developed by Evalve Inc. is useful only for a very small subset of patients, eventually Abbott can develop it further to extend it to a bigger group and therefore in the long run it will be able to win a bigger market share.
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