A minimally invasive alternative to open-heart surgery has become a competitive battleground for devicemakers who are racing to get new products into the market.
Boston Scientific unveiled encouraging data Monday on a transcatheter aortic valve replacement (TAVR) approach that would join products from Medtronic and Edwards Lifesciences of California in the marketplace. St. Jude Medical is in U.S. trials but said this weekend that it has stopped implanting devices while it examines potential problems turned up in early data.
If either Boston Scientific or St. Jude gets a product to market, it would change the dynamics for a product that currently commands a $32,500 price tag for both Fridley-based Medtronic and Edwards, based in the Los Angeles suburbs.
"That price will drop when the third valve comes out," said Dr. Stephen Ramee, a medical director in cardiology at Ochsner Medical Center in New Orleans and a leader with the American College of Cardiology. Ramee spoke by telephone from the 26th annual Transcatheter Cardiovascular Therapeutics meeting, which is organized by the Cardiovascular Research Foundation.
The aorta is the most important artery in the body, and several devicemakers are racing to develop less-risky ways to replace the valve that delivers blood to it. Medtronic surprised some analysts last month when it announced it had grabbed 40 percent of the TAVR market.
Open-heart surgery is still the preferred method of fixing a faulty aortic valve, but TAVR devices can be delivered to the heart through a small catheter tube snaked through an artery in the leg or chest.
Today the procedure is available only to patients with a high or very high risk of death from open-heart surgery, but industry boosters say it's only a matter of time before the minimally invasive procedure is available to patients at moderate risk of death, potentially opening up the procedure to a wider patient market.
Several companies are conducting trials and analyzing data for moderate-risk patients getting catheter-delivered aortic valves.