ATRC

Devices & Diagnostics

AtriCure CEO Drachman got 64% raise to $1.9M last year

AtriCure (Nasdaq:ATRC) CEO David Drachman’s compensation package received a 64 percent boost to $1.9 million last year. The Cincinnati-based cardiac devicemaker paid Drachman about $1.5 million in stock and options and $450,000 in salary in 2011, according to a proxy statement AtriCure filed today. Drachman’s salary in 2010 was $412,000, with a total compensation of […]

Devices & Diagnostics

AtriCure: Training surgeons for AF procedure takes on big importance

Late last year, an ablation system from cardiology device maker AtriCure (NASDAQ:ATRC) became the first device to secure U.S. Food and Drug Administration clearance for the surgical treatment of atrial fibrillation. Now, the Cincinnati-area company’s attention will turn to training surgeons to perform atrial fibrillation procedures using its device, the Synergy Ablation System. CEO David […]

Devices & Diagnostics

AtriCure closes enrollment in ‘hybrid’ atrial fibrillation study

Cardiac device company AtriCure (NASDAQ:ATRC) has closed a feasibility clinical trial into a so-called “hybrid” procedure to treat atrial fibrillation, citing a change of plans in the study’s protocol. Cincinnati-area AtriCure’s DEEP AF feasibility study was investigating the hybrid procedure, which received that name because it combines catheter ablation, which occurs inside the heart, with […]

Devices & Diagnostics

AtriCure stock plunges on FDA clinical trial concerns

Cardiac device maker AtriCure (NASDAQ:ATRC) saw its stock plunge Monday after an FDA report expressed “concerns” about a clinical trial for one of the company’s ablation devices. U.S. Food and Drug Administration staffers issued a (pdf) report in advance of an FDA advisory panel’s Wednesday meeting to review AtriCure’s application for approval of an atrial […]

Devices & Diagnostics

Analyst: AtriCure among most likely medical device acquisition targets

Atrial fibrillation device company AtriCure (Nasdaq:ATRC) is among five medical companies most likely to be targeted for an acquisition in the next year, according to a new analyst report. In addition to Cincinnati-area AtriCure, the other device companies identified by Canaccord Genuity analyst Jason Mills as likely near-term acquisition targets were: HeartWare, Spectranetics, Thoratec and […]

Devices & Diagnostics

AtriCure: FDA panel to review application for atrial fibrillation label

A U.S. Food and Drug Administration panel will review cardiac device maker AtriCure‘s (NASDAQ:ATRC) application for a label for the surgical treatment of atrial fibrillation. On Oct. 26, the FDA’s Circulatory System Devices Panel will review the Cincinnati-area device maker’s Premarket Approval Application (PMA) for its Synergy ablation system, according to a statement from West […]