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April 23, 2020updated 06 Dec 2021 6:06am

Cerus Endovascular receives CE Mark for aneurysms treatment device

Cerus Endovascular has received CE Mark approval for its Neqstent Coil Assisted Flow Diverter device designed for the treatment of intracranial aneurysms.

Cerus Endovascular has received CE Mark approval for its Neqstent Coil Assisted Flow Diverter device designed for the treatment of intracranial aneurysms.

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Neqstent is an adjunctive intrasaccular flow diverter device intended for the treatment of a range of aneurysm morphologies, including wide-necked bifurcation and bifurcation aneurysms.

It allows stable aneurysm neck coverage for the placement of embolisation coils within the sac and long-term occlusion of the aneurysm.

Cerus Endovascular president Dr Stephen Griffin said: “Many physicians already have firsthand experience using embolisation coils and the Neqstent will serve as an intrasaccular flow diverting device, which will work in combination with embolisation coils.

“Our goal is to offer a breadth of solutions for the treatment of these aneurysms. Physicians who have used the Neqstent comment on its ease of use through its controlled deliverability and deployment.”

The company’s new device is a further expansion of its portfolio of implant technologies, which target the neck of the aneurysm sac.

Cerus Endovascular plans to launch the device through a controlled market release across the EU. It is expected to be commercially available towards the end of this year.

Cerus Endovascular chairman Dr Sam Milstein said: “Once again, our remarkable team of dedicated professionals continue to widen and diversify our product portfolio to bring critical products to market, helping to position Cerus as a key solution provider within the industry.

“On behalf of the entire Cerus team, we would like to acknowledge the heroic and extraordinary sacrifices being made on a daily basis by healthcare workers, first-responders and the public at large, during this devastating pandemic.”

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Medical Device Industry Landscape In Asia-Pacific

GlobalData's APAC Medical Devices Industry Landscape – 2022 free study breaks down the APAC medical devices market by segment and region and includes insights on local and global competitors, pipeline product developments, clinical trials studies, and significant deals in the industry. The APAC medical device industry witnessed significant developments, launches, implementations, and adoption of new medical device technologies in the past decade, however the high cost of devices, regulatory hurdles, reimbursement pressure, and healthcare budget constraints have challenged market expansion across various territories and segments. APAC is the fastest growing regional market for medical device clinical trials, with China and Japan emerging as major clinical trial hotspots. The growth in medical device clinical trials in the APAC region is attributed to an increase in research partnerships between biopharma companies and clinical research organizations (CROs). This report also provides an in-depth analysis of the medical device market's opportunities and challenges, the influence of COVID-19 on the market, and government activities aimed to develop the APAC medical device market.
by GlobalData
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