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Acquired byAbbott Labs
Price$410M
Date9/09

General Information

Websiteevalveinc.com
CategoryBioTech
Phone650-330-8100
Email
Employees
Founded1999
Descriptionrepair of cardiac valves

Offices

HQ
4045 Campbell Avenue
Menlo Park, CA, 94025
USA

Funding

Tags

Evalve

Evalve, Inc. engages in the design, development, manufacture, and marketing of devices that enable the repair of cardiac valves. It provides a non-surgical mitral valve repair system consisting of a steerable guide catheter, a clip delivery system, and an implant device that is used by interventional cardiologists to reduce mitral regurgitation. The company was incorporated in 1999 and is based in Menlo Park, California.

Milestones

  • Handshake
    Evalve was acquired by Abbott Labs for $410M. (9/11/09)
    Posted 9/24/09 at 3:23pm
  • Dollar
    Evalve received $60M in Series D funding. (11/27/07)
    Posted 9/17/09 at 6:59am

Videos

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Sources

  1. Studies find Botox cuts migraine days; Abbott to buy Evalve for up to $410M (fiercepharma.com) [edit]
  2. Evalve pulls in $60M, heating up heart-valve implant race (venturebeat.com) [edit]
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Last Edited 9/28/09

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