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Sapheon Inc.

Division of Medtronic PLC

Latest From Sapheon Inc.

Medtronic’s VenaSeal Closure System Receives FDA Approval For Treating Chronic Venous Disease

Adding to its product portfolio for treating superficial venous reflux, Medtronic has now received US approval for a more minimally invasive device, the VenaSeal closure system, which uses adhesive injections to seal the diseased vein in select patients with chronic venous insufficiency. Superficial venous reflux can lead to symptomatic varicose veins.

Medical Device Innovation

FDA Approves Medtronic’s VenaSeal To Treat Venous Reflux

VenaSeal was developed by Sapheon Inc., which Covidien acquired in the summer of 2014 shortly after it announced plans to merge with Medtronic.

Medical Device

Medtech 2014: M&A, IPOs Bounce Back As Industry Glimpses Future Business Models

Healthy market growth, the biggest ever M&A deal, a record number of billion-dollar takeovers, and the IPO market in impressive bounce-back…2014 was a year of superlatives for the global medtech industry. But with more expected of manufacturers while health care spending remains in the doldrums and demand for care rises, the long-term medtech winners will be those who can forecast how and where to make an impact on both costs and patient outcomes.

Medical Device Deals

Medtech In 2014: M&A, IPOs Bounce Back As Industry Glimpses Future Business Models

Medtech manufacturers saw 2014 as the year of the medtech mega-merger and a rebound in IPOs. But the market is changing, and companies are increasingly cast as service providers who must deliver value.

Medical Device Deals
See All

Company Information

  • Industry
  • Biotechnology
  • Medical Devices
    • Biomaterials
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
  • Therapeutic Areas
  • Cardiovascular
  • Alias(es)
  • Ownership
  • Private
  • Headquarters
  • Worldwide
    • North America
      • USA
  • Parent & Subsidiaries
  • Medtronic PLC
  • Senior Management
  • Donald Crawford, CEO
    Rod Raabe, MD, CMO
    Nick Leb, VP, Fin. & Admin.
    Gary McCord, VP, New Bus. Dev.
  • Contact Info
  • Sapheon Inc.
    Phone: (919) 948-3967
    951 Aviation Pkwy., Ste. 900
    Morrisville, NC 27560