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Artivion Completes Acquisition of Endospan Ltd.

Key Takeaway: Artivion, Inc. has successfully acquired Endospan Ltd., enhancing its capabilities in aortic disease treatment. The acquisition includes the NEXUS Aortic Arch System, which received FDA approval in April 2026. This move positions Artivion as a leader in the aortic arch market, providing a comprehensive portfolio of solutions. The deal was funded by a $150 million loan, with additional performance-based considerations.
Price reaction · baseline $22.77 (2026-05-15 close) · clean, no other AORT news in the window
day 0 close · peak
+4.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • Artivion strengthens its market position with the acquisition.
  • NEXUS system enhances Artivion's aortic arch portfolio.
  • The acquisition adds a pipeline of next-generation technologies.

Full Press Release Details

ATLANTA,May 18, 2026Artivion, Inc. (NYSE:AORT), a leading cardiac and vascular surgery company focused on aortic disease, today announced that it has completed the acquisition of its long-standing partner Endospan Ltd. ("Endospan"), a pioneer in the endovascular repair of aortic arch disease  and developer of the NEXUS® Aortic Arch System. Artivion utilized its previously drawn $150 million delayed draw term loan to fund the $135 million upfront net purchase price for Endospan. The transaction also includes potential additional consideration contingent on commercial performance.
The U.S. Food and Drug Administration (FDA) approved the premarket approval application (PMA) for the NEXUS branched endovascular stent graft system in April 2026. Artivion has acted as the exclusive distributor of the NEXUS System across EMEA since 2019.
"Our acquisition of Endospan and its NEXUS system completes our market-leading, three-pronged aortic arch portfolio. This technology, alongside AMDS and ARCEVO LSA, positions us at the forefront of this segment as the only company globally with a complete portfolio of aortic arch solutions," said Pat Mackin, Chairman, President, and Chief Executive Officer. "Further, NEXUS is a platform technology, not just a single product. With this acquisition, we are also adding a robust pipeline of next-generation arch technologies currently in development that we expect will further expand and strengthen our leadership position in the aortic arch market over time."

About Artivion, Inc.

Headquartered in suburban Atlanta, Georgia, Artivion, Inc., is a medical device company focused on developing simple, elegant solutions that address cardiac and vascular surgeons' most difficult challenges in treating patients with aortic diseases. Artivion's four major groups of products include: aortic stent grafts, surgical sealants, On-X mechanical heart valves, and implantable cardiac and vascular human tissues. Artivion markets and sells products in more than 100 countries worldwide. For additional information about Artivion, visit our website,www.Artivion.com.

About Endospan Ltd.

Privately held Endospan, headquartered in Herzliya (Tel Aviv), Israel, is a pioneer in the endovascular repair of aortic arch disease including aneurysms and dissections. Endospan has received CE-Mark to commercialize in Europe the NEXUS Stent Graft System, the first endovascular off-the-shelf system to treat Aortic Arch Disease which affects a greatly underserved group of patients diagnosed with a dilative lesion in, or near, the aortic arch. While minimally invasive endovascular repair has been the standard of care for Abdominal Aortic Aneurysm (AAA), Aortic Arch Disease patients with aneurysms or dissections have not been as fortunate and have had little choice but to undergo open-chest surgery with its invasiveness and risks, lengthy hospitalization periods, and prolonged recuperation. For additional information about Endospan, visit their website,www.endospan.com.
Contacts:
Artivion Gilmartin Group LLC
Lance A. Berry Brian Johnston
Executive Vice President, Phone: 332-895-3222
Chief Operating Officer & [email protected]
Chief Financial Officer
Phone: 770-419-3355

Artivion

Gilmartin Group LLC

Lance A. Berry
Brian Johnston
Executive Vice President,
Phone: 332-895-3222
Chief Operating Officer &
[email protected]

Frequently Asked Questions

What did Artivion acquire?

Artivion acquired Endospan Ltd., a pioneer in endovascular repair of aortic arch disease.

How much did Artivion pay for Endospan?

Artivion paid $135 million upfront for the acquisition of Endospan.

What is the NEXUS system?

The NEXUS system is an endovascular stent graft system for treating aortic arch disease.

What funding did Artivion use for the acquisition?

Artivion utilized a $150 million delayed draw term loan to fund the acquisition.

What is the significance of the NEXUS system?

The NEXUS system enhances Artivion's aortic arch portfolio and offers next-generation technologies.

Last updated: May 18, 2026