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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Teleflex Inc | NYSE:TFX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
4.28 | 2.15% | 203.01 | 206.515 | 199.12 | 201.19 | 602,920 | 23:42:55 |
The study demonstrated that, in a selected population, the MANTA™ Device can safely and effectively close large bore arteriotomies created by current generation transcatheter aortic valve (TAVR) replacement, percutaneous endovascular abdominal aortic aneurysm (EVAR) repair, and thoracic endovascular aortic aneurysm (TEVAR) repair devices.1 The study authors noted that open surgical closure as well as adapted small-bore suture-based pre-closure devices have significant limitations.1 The MANTA™ Device is innovatively designed to potentially reduce bleeding complications and offset other procedural costs.1a
“We created the MANTA™ Device to address a previously unmet clinical need for effective, reproducible, and safe closure of large bore femoral arterial access sites,” said Greg Walters, co-inventor of the MANTA™ Device and now Vice President of Access and Closure in the Interventional business unit of Teleflex. “We are excited to now have published data indicating that the MANTA™ Device can rapidly and effectively close large bore femoral arterial access sites with good safety. We believe this has important implications for the treatment of patients with current generation TAVR replacement, EVAR repair, or TEVAR repair.”
The study demonstrated that the median time from deployment to hemostasis was 24 seconds (65 second mean time).1a Technical success was achieved in 97.7% of patients, and a single device was deployed in 99.6% of cases.1b The IDE-defined major complications1c, the primary safety end point for the study, occurred in 5.3% of patients and Valve Academic Research Consortium-2 (VARC-2) major vascular complications occurred in 4.2% of cases.1 This VARC-2 rate is lower than published rates for suture-mediated closure.2,3
“This published data should give physicians the confidence they need to adopt the MANTA™ Device as their large bore femoral arterial access site closure device of choice,” said Dr. David A. Wood4, Co-Principal Investigator of the SAFE MANTA IDE Clinical Trial and Director of the Vancouver General Hospital Cardiac Catheterization Laboratory in Vancouver, British Columbia. “As we discussed in the manuscript, the VARC-2 major vascular complications in this study included the use of balloon inflation or deployment of a covered stent at the access site regardless of the absence of any eventual adverse outcome. Many prior reports of other closure techniques have disregarded these additional, often prophylactic, interventions when reporting VARC-2 major vascular complications.”
“The publication of this data reflects our ongoing commitment to invest in and provide innovations that simplify interventions,” said Stewart Strong, President and General Manager of the Interventional business unit of Teleflex. “To further demonstrate this commitment to our customers, we are continuing to invest in the MANTA™ Device through additional studies in progress in Europe that will evaluate use of the device when encountering various clinical challenges, including patients with heavily calcified arteries not suited to suture-based devices.”
About the MANTA™ DeviceThe MANTA™ Vascular Closure Device is indicated for closure of femoral arterial access sites while reducing time to hemostasis following the use of 10-20F devices or sheaths (12-25F OD) in endovascular catheterization procedures.
With the MANTA™ Device, clinicians and hospitals can achieve:
About Teleflex IncorporatedTeleflex is a global provider of medical technologies designed to improve the health and quality of people’s lives. We apply purpose driven innovation – a relentless pursuit of identifying unmet clinical needs – to benefit patients and healthcare providers. Our portfolio is diverse, with solutions in the fields of vascular access, interventional cardiology and radiology, anesthesia, emergency medicine, surgical, urology and respiratory care. Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. For more information, please visit teleflex.com.
Teleflex is the home of Arrow®, Deknatel®, Hudson RCI®, LMA®, Pilling®, Rusch®, UroLift®, and Weck® – trusted brands united by a common sense of purpose.
Forward-Looking StatementsAny statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Any forward-looking statements contained herein are based on our management's current beliefs and expectations, but are subject to a number of risks, uncertainties and changes in circumstances, which may cause actual results or company actions to differ materially from what is expressed or implied by these statements. These risks and uncertainties are identified and described in more detail in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
Teleflex, the Teleflex logo, Arrow, Deknatel, Hudson RCI, LMA, MANTA, Pilling, Rusch, UroLift, and Weck are trademarks or registered trademarks of Teleflex Incorporated or its affiliates, in the U.S. and/or other countries. © 2019 Teleflex Incorporated. All rights reserved. MC-005744 Rev 0
References:
Source:Teleflex IncorporatedJake ElguiczeTreasurer and Vice President, Investor Relations610-948-2836
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