Abbott's Less-Invasive Surgery For Heart Pump Gets FDA Nod

 | Jan 07, 2020 09:23PM ET

Abbott Laboratories (NYSE:ABT) received the FDA’s approval for the implantation of its HeartMate 3 heart pump through minimally invasive surgical procedures, new surgical procedure that is an alternative to open heart surgery for advanced stages of heart failure. The latest offering will provide surgeons an option to decide the surgery type for patients receiving the HeartMate 3 Left Ventricular Assist Device (LVAD), the industry's most popular heart pump.

Notably, the HeartMate 3 received the FDA approval in 2017 for patients with advanced heart failure and was approved in 2018 as a destination therapy for those who require new hearts but are not eligible for a transplant.

With the latest approval, Abbott aims to strengthen its Cardiovascular and Neuromodulation Product portfolio globally.