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Shockwave Medical, Inc. - SWAV STOCK NEWS

Welcome to our dedicated page for Shockwave Medical news (Ticker: SWAV), a resource for investors and traders seeking the latest updates and insights on Shockwave Medical stock.

Overview

Shockwave Medical, Inc. is an innovative medical device company pioneering the interventional treatment of advanced cardiovascular disease. Employing breakthrough intravascular lithotripsy technology, the company addresses the persistent challenge of calcified plaque in atherosclerotic arteries. By integrating sonic pressure waves into its lithoplasty procedures, Shockwave Medical effectively disrupts rigid calcification while preserving the integrity of surrounding soft tissues, all with an easy-to-use push-button approach. This allows for gentle and effective balloon dilatation, thereby restoring blood flow in calcified, stenotic arteries.

Technology and Clinical Approach

The core of Shockwave Medical’s innovative approach lies in its lithoplasty catheter family. These devices harness sonic energy to selectively target and fracture calcified deposits, which is a critical advancement in the treatment of atherosclerotic cardiovascular disease. The technology’s design leverages decades of experience in areas such as kidney stone treatment, thereby translating proven safety and efficacy into the cardiovascular space. An integrated balloon catheter then allows for low-pressure dilatation of the targeted lesion, promoting a minimally invasive and patient-friendly intervention.

Market Position and Competitive Landscape

In a landscape where traditional treatments often struggle with heavily calcified lesions, Shockwave Medical has positioned itself at the forefront of interventional cardiology. The company’s lithoplasty procedures are supported by robust clinical evidence and are bolstered by the integration of devices such as the Shockwave Reducer, which is designed to alleviate symptoms in patients with refractory angina. This dual approach illustrates the company’s commitment to both disruption of calcified plaque and redistribution of blood flow, offering a comprehensive alternative to conventional revascularization techniques.

Clinical Evidence and Safety Profile

Shockwave Medical’s technologies have undergone rigorous clinical evaluation, demonstrating consistent procedural success with a favorable safety profile. Clinical studies have highlighted the efficacy of lithoplasty in safely modifying calcified lesions, while the Reducer technology has shown promising outcomes in reducing anginal symptoms in challenging patient cohorts. These outcomes are reinforced by data from multi-center observational studies and controlled clinical trials, supporting the company’s value proposition with solid clinical foundations.

Technology Integration and Ease of Use

The design philosophy underlying Shockwave Medical’s products emphasizes familiarity and simplicity. The procedures can be seamlessly integrated into existing cardiovascular treatment workflows, making the adoption process straightforward for clinicians. The platforms are engineered to operate at the push of a button, minimizing procedural complexity while maximizing therapeutic benefit. This user-centric design facilitates widespread adoption in clinical settings, reinforcing the technology’s effectiveness and reliability.

Significance in the Cardiovascular Device Sector

Shockwave Medical stands out in the cardiovascular device sector by addressing a long-standing clinical challenge—the treatment of calcified arterial lesions—with a unique, technology-driven approach. The company’s innovations not only improve patient outcomes by restoring blood flow but also offer a safe, effective alternative to traditional, high-pressure balloon dilatation and atherectomy methods. By continuing to build on a foundation of decades of technical expertise and clinical know-how, Shockwave Medical remains a significant player in the evolving field of cardiovascular therapeutics.

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Neptune Medical (Ticker: NPTM) appoints Dr. Fred Moll, a renowned figure in the medical technology industry, as Chairman of the Board. Dr. Moll, known as the father of medical robotics, brings extensive experience from his roles at Sonder Capital, Intuitive Surgical, and Auris Health. His appointment signifies Neptune Medical's commitment to advancing healthcare technology.
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Shockwave Medical, Inc. (NASDAQ: SWAV) to participate in Piper Sandler 35th Annual Healthcare Conference. Management scheduled for a live fireside chat on November 29, 2023, at 1:30 p.m. Eastern Time. Webcast available on the company's website.
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Shockwave Medical, Inc. (NASDAQ: SWAV) Announces Excellent One-Year Outcomes with Coronary IVL Published in JSCAI, Demonstrating Consistent Safety and Effectiveness Across Sexes
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Shockwave Medical, Inc. (Nasdaq: SWAV) reported a 42% increase in revenue for the third quarter of 2023, reaching $186.0 million. The company also raised $634.4 million in a convertible debt offering. They introduced the Shockwave C2+ Coronary Intravascular Lithotripsy (IVL) catheter and received a Category I CPT add-on code for procedures involving coronary IVL, which will provide physicians with a 20-30% increase in remuneration.
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Shockwave Medical announced the establishment of a new CPT® add-on code for procedures involving coronary Intravascular Lithotripsy (IVL) as part of the Calendar Year 2024 Physician Fee Schedule. The new code, +92972, will become effective on January 1, 2024, and will provide additional work Relative Value Units (RVUs) and professional fees for physicians. This code will be added to the remuneration physicians receive for percutaneous coronary intervention (PCI) procedures, including when atherectomy is also performed.
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Shockwave Medical, Inc. will report financial results for the third quarter 2023 after market close on November 6, 2023. Company management will host a conference call and present at the 5th Annual Wolfe Research Healthcare Conference on November 15, 2023.
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Shockwave Medical announces the planned U.S. introduction of the Shockwave C2+ Coronary Intravascular Lithotripsy (IVL) catheter following FDA approval. The enhanced C2+ catheter provides 50% more pulses per catheter than the previous version. The full commercial launch is planned for November.
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Shockwave Medical announces excellent outcomes with coronary intravascular lithotripsy (IVL) in complex nodular and eccentric calcium.
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Shockwave Medical, Inc. to host Investor Innovation Day on October 23, 2023, in hybrid format.
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Nick West joins Shockwave as Associate Chief Medical Officer. His expertise in interventional cardiology will support the development of Intravascular Lithotripsy (IVL) as the standard of care for calcium modification. He also brings experience in evaluating and developing novel technologies. Dr. West was previously Chief Medical Officer at Abbott Vascular. His knowledge in intravascular imaging will benefit Shockwave IVL customers.
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FAQ

What is the current stock price of Shockwave Medical (SWAV)?

The current stock price of Shockwave Medical (SWAV) is $334.75 as of February 7, 2025.

What is the market cap of Shockwave Medical (SWAV)?

The market cap of Shockwave Medical (SWAV) is approximately 12.6B.

What is the primary technology behind Shockwave Medical's products?

Shockwave Medical utilizes intravascular lithotripsy technology, which employs sonic pressure waves to fracture calcified plaque in arteries while preserving surrounding soft tissue.

How does the lithoplasty procedure work?

The lithoplasty procedure uses sonic energy to selectively disrupt hard, calcified deposits. An integrated balloon catheter is then used to gently dilate the treated area, improving blood flow.

What conditions are targeted by Shockwave Medical's devices?

The company's technologies primarily address atherosclerotic cardiovascular disease, specifically treating calcified, stenotic arteries and alleviating symptoms of refractory angina.

How is Shockwave Medical positioned within the competitive cardiovascular device market?

Shockwave Medical differentiates itself through its innovative approach and user-friendly technology that integrates seamlessly with existing treatment protocols, backed by robust clinical evidence.

What evidence supports the safety and efficacy of Shockwave Medical's products?

Clinical studies and multi-center trials have demonstrated the safety, procedural success, and consistent outcomes of the lithoplasty devices, along with favorable results from studies on their Reducer device.

How does the Shockwave Reducer complement its lithoplasty technology?

The Shockwave Reducer is designed to redistribute blood flow within the heart, providing symptomatic relief for patients with refractory angina who lack conventional revascularization options.

Are Shockwave Medical's procedures considered minimally invasive?

Yes, the procedures are minimally invasive, utilizing a push-button technology that integrates with traditional cardiovascular treatment methods, enhancing safety and usability.

What makes Shockwave Medical's treatment options unique in modern cardiovascular therapy?

Their unique approach of employing sonic pressure waves to precisely target calcified lesions—while sparing soft tissue—offers a significant advancement over conventional treatment modalities.
Shockwave Medical, Inc.

Nasdaq:SWAV

SWAV Rankings

SWAV Stock Data

12.57B
37.04M
1.2%
98.73%
4.89%
Medical Devices
Surgical & Medical Instruments & Apparatus
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United States
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