Volcano Completes Acquisition of Xtract Catheter

Volcano Corporation, a developer and manufacturer of precision intravascular therapy guidance tools, has acquired the Xtract thrombus aspiration catheter device line from Lumen Biomedical.

Volcano became the exclusive global distributor of the Xtract catheter in May 2009. This acquisition reinforces Volcano's dedication to build a strategic portfolio of diagnostic and therapeutic tools to help patients with coronary artery disease at all levels of complexity, including acute myocardial infarction or heart attacks.

Scott Huennekens, president and CEO of Volcano, says: "Volcano is excited to fortify its commitment to be the leading and most-trusted partner for physicians when addressing patients with complex disease states that require thrombus aspiration. Since we began to distribute the Xtract catheter in 2009, it has been well-received by the interventional cardiology community.

"Consistent with our drive to continuously improve our product offerings, we now have control over the product and rights to the design, and will be able to directly build upon the feedback we have received from our customers on how to further improve upon our unique approach to thrombus aspiration."