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DewDiligence

01/13/20 12:52 PM

#20500 RE: DewDiligence #18153

ABT starts pivotal trial to expand MitraClip label to include patients at moderate risk for open-heart surgical repair:

https://finance.yahoo.com/news/abbott-initiate-trial-study-mitraclip-140000291.html

MitraClip is already a bona fide blockbuster product with rapid growth from the FDA’s Mar 2019 label expansion to secondary mitral regurgitation (#msg-147544267). The potential label expansion from the new trial described above would materially move the needle even further.