Sale to an undisclosed medical device company will accelerate product development of innovative epicardial ablation technology
BOSTON, April 25, 2022 /PRNewswire/ — NIDO Surgical announced today the acquisition of its innovative epicardial ablation technology, SEPIA (Solution for Epicardial Ablation), by an undisclosed medical device company involved in the electrophysiology space. As part of the transaction, the buyer has agreed to accelerate product development of the device.
NIDO developed SEPIA to enable electrophysiologists to provide a range of therapies to the epicardial surface of the heart, with initial applications focused on treating arrhythmias, including ventricular tachycardia (VT) and atrial fibrillation (AFib). SEPIA will allow direct and real-time visualization of the epicardial surface and provide stability and control to complementary devices, such as ablation catheters. Ultimately, SEPIA is expected to improve the safety and efficacy of epicardial procedures, which may lead to reduced complications and lower rates of arrhythmias post-ablation.
“This strategic acquisition by a fast-growing company in the electrophysiology space demonstrates the value of the SEPIA technology and the commercial opportunity to provide tools for epicardial access,” said Thomas Marchand, President, and CEO of NIDO. “The buyer has committed to accelerating product development to capitalize on the opportunity in the arrhythmia market.”