Varian Acquires CyberHeart For Cardiac Radioablation Tech [Seeking Alpha]
VARIAN MEDICAL SYSTEMS (VAR)
Last varian medical systems earnings: 1/29 04:09 pm
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Source: Seeking Alpha
Varian Acquires CyberHeart For Cardiac Radioablation Tech Summary Varian Medical Systems has acquired CyberHeart for an undisclosed sum. Cyberheart has been developing the use of radiation to correct chronic heart arrhythmias. With Varian's focus on radiation technologies, the deal makes strategic sense as it seeks to stay abreast of the latest technology potential for the cardiac space. Quick Take Varian ( VAR announced CyberHeart has intellectual property that covers cardiac radioablation - the use of radiation to scar or destroy tissue in the heart that is facilitating faulty electrical signals, causing an abnormal heart rhythm. With the deal, VAR is adding promising radiation-based technologies for correcting chronic cardiac arrhythmia conditions. Target Company Mountain View, California-based CyberHeart was founded in 2006 and is the first company to develop a non-invasive, robotic cardiac ablation therapy for the treatment of heart arrhythmias with radiation that is delivered th
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