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Merit Medical Launches the Micro ACE™ Advanced Micro-Access System

Key Takeaway: Merit Medical Systems, Inc. announced the commercial release of the Micro ACE Advanced Micro-Access System, which has received FDA clearance. This system aims to enhance interventional procedures that require micro-access, pivotal for addressing atherosclerosis-related conditions. The Micro ACE features a unique design that balances stiffness and flexibility, offering significant resistance to kink and improved visibility under fluoroscopy. Merit Medical also plans to pursue CE mark designation for the Micro ACE and aims to secure patents for the technology both in the U.S. and internationally.
Price reaction · baseline $72.2 (2024-03-18 close) · hit after-hours · clean, no other MMSI news in the window
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POSITIVE FACTORS

  • Launch of Micro ACE enhances Merit Medical's product portfolio.
  • Micro ACE improves patient care through better vascular access.
  • Unique design allows for improved visibility and accurate positioning.

Full Press Release Details

SOUTH JORDAN, Utah, March 19, 2024 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced commercial release of its US Food and Drug Administration (FDA)-cleared Micro ACE Advanced Micro-Access System. Merit also intends to file Micro ACE for CE mark designation.
The Micro ACE system is the latest innovation in the Merit Vascular portfolio. The comprehensive portfolio includes a full range of percutaneous access and closure devices. Combining a balance of stiffness and resiliency, Micro ACE is designed to achieve micro-access in a wide range of vascular anatomies.
Interventional procedures utilizing micro-access are commonly performed to diagnose and open narrowed (i.e., atherosclerotic) blood vessels. Atherosclerosis is an inflammatory condition that develops when there is a buildup of plaque inside the arteries. Diseases linked to atherosclerosis, such as coronary and peripheral artery disease, are the leading cause of death in the United States.1
To facilitate such interventional procedures, the Micro ACE balances stiffness and flexibility to offer twice the resistance to kink and compression over the leading competitor. 2 It is also 9% stiffer than the leading standard micro-introducer. 2 In addition, a unique marker tip design allows for nine times greater visibility under fluoroscopy for accurate positioning needed at the start of a procedure.2 Merit is pursuing patents on Micro ACE technology in the United States and internationally.
Learn more about the Micro ACE.
“Merit has always looked for opportunities to improve patient care. Micro ACE leverages our experience with reinforced sheath design to improve a procedure that is done over and over each day,” said Fred P. Lampropoulos, Merit’s Chairman and CEO. “We are excited to partner with interventional physicians to advance vascular access.”
Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture, and distribution of proprietary disposable medical devices used in interventional, diagnostic, and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care, and endoscopy. Merit serves client hospitals worldwide with a domestic and international sales force and clinical support team totaling in excess of 700 individuals. Merit employs approximately 7,000 people worldwide.
Unless noted otherwise, trademarks and registered trademarks used in this release are the property of Merit Medical Systems, Inc., its subsidiaries, or its licensors.
+1-801-432-2864 | sarah.comstock@merit.com
Mike Piccinino, CFA, IRC
+1-443-213-0509 | mike.piccinino@westwicke.com
1. National Heart, Lung, and Blood Institute (NIH). 2022. “Atherosclerosis.” Last modified March 24, 2022. Accessed March 18, 2024. https://www.nhlbi.nih.gov/health/atherosclerosis

Frequently Asked Questions

What is the Micro ACE Advanced Micro-Access System?

The Micro ACE is Merit Medical's newly launched FDA-cleared system aimed at micro-access in vascular procedures.

How does Micro ACE differ from competitors?

Micro ACE offers twice the kink resistance and is 9% stiffer than the leading competitor's micro-introducer.

What conditions does the Micro ACE help address?

It facilitates interventional procedures for atherosclerosis, a condition affecting blood vessels.

When was Merit Medical founded?

Merit Medical Systems, Inc. was founded in 1987 and specializes in disposable medical devices.

What is Merit Medical's mission?

Merit aims to enhance patient care through innovative medical technology and device improvements.

Last updated: Mar 19, 2024