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Stock impact report

AtriCure To Acquire SentreHEART For Atrial Fib Tech [Seeking Alpha]

AtriCure, Inc. (ATRC) 
Last atricure, inc. earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.atricure.com
Company Research Source: Seeking Alpha
AtriCure To Acquire SentreHEART For Atrial Fib Tech Summary AtriCure has agreed to acquire SentreHEART for up to $300 million in cash and milestone-based contingent consideration. SentreHEART is developing treatments for atrial fibrillation conditions. With the deal, ATRC will gain entry into the electrophysiology market and the potential of a 1.5 million patient addressable Afib market. Quick Take AtriCure ( announced SentreHEART is developing percutaneous left atrial appendage management solutions. With the deal, ATRC is gaining promising technologies to address the large Afib market and additional relationships in the electrophysiology market that are complementary to its surgical products. Target Company Redwood City, California-based SentreHEART was founded in 2005 to develop the LARIAT Suture Delivery Device for patients with persistent atrial fibrillation. It is currently being evaluated in a FDA-approved randomized controlled trial, known as the ‘aMAZE Trial.’ Management is he Show less Read more
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