St. Jude Medical to acquire CardioMEMS; FDA approves device

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External News Details

St. Jude Medical Inc., a medical device company, said it plans to exercise an option to acquire all of Atlanta-based CardioMEMS now that CardioMEMS’ heart failure monitoring device has received U.S. Food and Drug Administration approval.

CardioMEMS was founded in 2001 by cardiologist Jay Yadav and Mark Allen, a Georgia Tech nanotechnology professor. It has grown from a small office near Georgia Tech to a large laboratory near Coca-Cola’s headquarters on North Avenue. in northwest Atlanta

Additional Information

Groups

NanoTECH, Institute for Electronics and Nanotechnology, Georgia Electronic Design Center (GEDC), The Center for MEMS and Microsystems Technologies, 3D Systems Packaging Research Center

Categories
Economic Development and Policy, Engineering, Nanotechnology and Nanoscience
Keywords
CardioMEMS, Georgis Tech start-up, Institute for Electronics and Nanotechnology, technology transfer
Status
  • Created By: Christa Ernst
  • Workflow Status: Published
  • Created On: Jun 2, 2014 - 4:20am
  • Last Updated: Oct 7, 2016 - 10:27pm