Edwards Up, Medtronic Down After Court Hits CoreValve

By | April 14, 2014

Scalper1 News

Shares of device maker Edwards Lifesciences (EW) jumped 14% in early trading in the stock market today after word got out late Friday that the company had won a court injunction limiting the sale of Medtronic’s (MDT) CoreValve artificial heart valve in the U.S. Medtronic stock was down 3%. CoreValve, which has been sold in Europe for several years, was approved by the FDA in January. But Edwards, whose rival Sapien product has been sold in America Scalper1 News

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