Edwards’ JenaValve acquisition nixed as FTC injunction approved by court

Edwards Lifesciences has announced that the US District Court for the District of Columbia has approved an injunction motion issued by US Federal Trade Commission (FTC), putting the brakes on the medtech giant’s plans to acquire JenaValve. Edwards will no longer proceed with the acquisition of JenaValve, maker of a transcatheter aortic valve replacement system for aortic regurgitation (TAVR-AR). Disagreeing with the court’s decision, Edwards emphasised that the acquisition would have been in the best inte ...