← Back

Adagio Medical Holdings, Inc Common Stock

Adagio Medical Holdings, Inc. is a medical technology company that develops and commercializes ablation technologies for treating cardiac arrhythmias, including atrial fibrillation and ventricular tachycardia. Its product portfolio includes the iCLAS atrial ultra-low temperature ablation (ULTA) catheter and system, the vCLAS ventricular ULTC catheter, and Cryopulse pulsed field cryoablation catheters. The company was founded in 2011 and is headquartered in Laguna Hills, California.

Country
Price · split & dividend adjusted
News & notes moving ADGM
Biotech & Genomic Medicine

Adagio Medical treats first patient with next-generation vCLAS Ultra system

Adagio Medical Holdings has treated its first patient with the next-generation vCLAS Ultra Ultra-Low Temperature Ablation system under FDA Expanded Access authorization. The patient, who had non-ischemic cardiomyopathy and a history of failed prior ablations for ventricular tachycardia, was treated at the Hospital of the University of Pennsylvania by Dr. Gregory Supple. The vCLAS Ultra system delivers single-freeze ablations at approximately -170°C, with pre-clinical data suggesting a potential 50-75% reduction in ablation time and procedures up to 30 minutes shorter compared to the first-generation system. The FDA has granted Investigational Device Exemption approval for the FULCRUM-VT pivotal trial to evaluate the system's safety and effectiveness. The stock closed Monday at $0.46, up 21.60%, and rose to $0.58 in overnight trading, a further 26.91% gain.
RTTNews·46dRead more →