Covidien Looking for an Rx

This morning, medical device maker Covidien (COV) announced that its next-generation endovascular device, the Solitaire FR, used in treating ischemic stroke patients, achieved substantially better results and clinical outcomes than Concentric Medical's Merci Retriever catheter. This exciting development could shake up the blood-clot segment.

Doctors use the privately held Concentric's Merci Retriever to snatch blood clots out of large blood vessels in stroke victims. The Food and Drug Administration first approved this clot-catching device in 2004, and the Concentric product line leads the market. In the last nine years, more than 14,000 patients have been treated with Concentric products....455 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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