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Shockwave Medical Completes Acquisition Of Neovasc

RECENTLY ACQUIREDApr 11, 2023

Acquiring Company

ShockWave Medical

Acquired Company

Neovasc

Santa Clara CountyBiotechnologyHealthcareHealth CareMedicalMedical DeviceTherapeuticsManufacturingBiotechnologyHealth CareMedicalMedical Device

Description

via NewMediaWire – Shockwave Medical, Inc. (NASDAQ: SWAV) (“Shockwave”), a pioneer in the development of Intravascular Lithotripsy (IVL) to treat severely calcified cardiovascular disease, today announced the completion of its previously announced acquisition of Neovasc Inc. (“Neovasc”).

Quick answer

ShockWave Medical is acquiring Neovasc, announced April 11, 2023. ShockWave Medical is based in Santa Clara County, California, United States.

How much did ShockWave Medical pay for Neovasc?
The deal value was not disclosed.
What does ShockWave Medical do?
ShockWave Medical focuses on developing and commercializing intravascular lithotripsy technology used to treat calcified cardiovascular disease.
Where are ShockWave Medical and Neovasc based?
ShockWave Medical is based in Santa Clara County, California, United States.

Source: Fundz verified event record.

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Company Information

Company

ShockWave Medical

Location

5403 BETSY ROSS DRIVE

Santa Clara County, California, United States

About

ShockWave Medical focuses on developing and commercializing intravascular lithotripsy technology used to treat calcified cardiovascular disease. Their innovative systems deliver sonic pressure waves to modify hard calcium deposits in arterial walls. The company has seen significant growth in healthcare settings due to increasing adoption of their devices.

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Frequently asked

Who acquired Neovasc?

Neovasc was acquired by ShockWave Medical, based in Santa Clara County. The deal was reported on April 11, 2023. ShockWave Medical focuses on developing and commercializing intravascular lithotripsy technology used to treat calcified cardiovascular disease. ShockWave Medical is privately held and operates in Biotechnology.

When did ShockWave Medical acquire Neovasc?

ShockWave Medical's acquisition of Neovasc was reported on April 11, 2023. via NewMediaWire – Shockwave Medical, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Neovasc do?

Neovasc is a specialty medical device company that develops, manufactures, and markets products for the rapidly growing cardiovascular marketplace. It is privately held, operating in Manufacturing.

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