Replies to post #17208 on The Rising Influence of Rising Affluence

[Whalatane]

thx Dew. Impressive results
Kiwi

[semi_infinite]

interesting market reaction to mitraclip news. Other companies related to heart failure and valve implants going up strong as well as ABT. EW and MYOK for example. Not sure how all the boat gets lifted thinking goes. Definitely good for post MI heart failure patients though.

[DewDiligence]

ABT—Page-1 MitraClip story from today’s NYT:

https://www.nytimes.com/2018/09/23/health/heart-failure-valve-repair-microclip.html

This is as compelling an outcome in a randomized medical-device trial as I can recall seeing.

The stock was +4% (to an all-time high) today.

[DewDiligence]

FDA approves ABT’s MitraClip for greatly expanded indication (secondary regurgitation):

https://finance.yahoo.com/news/abbott-receives-fda-approval-expanded-175200661.html