Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Abbott Laboratories (ABT) Pacemakers Get FDA Approval

The Tendril MRI pacing lead and the Assurity MRI pacemaker have been approved by the U.S. Food and Drug Administration. This will make it possible for individuals implanted with these low-voltage devices from Abbott Laboratories (NYSE:ABT) to undergo full body MRI scans if it becomes necessary.

“A long-lasting and small wireless pacemaker that allows patients to undergo MRI scans is an important step forward in growing our available treatment options for patients,” the director of electrophysiology at the Oklahoma Heart Institute, David Sandler, said.

Medical devices, medical equipment

Copyright: nimon / 123RF Stock Photo

Remote Wireless Monitoring

The approval has made the Assurity MRI pacemaker the smallest and longest-lasting MRI-compatible pacemaker in the world that is wireless. With the Assurity MRI pacemaker, remote monitoring can now be done wirelessly. This makes it possible for physicians to get secure access to the diagnostic data of their patients. The physicians are also able to get daily device measurements which consequently reduces the need for physical visits to the office by the patient.

Use of remote monitoring for patients of cardiac disorders has become a best practice in the last ten years, with studies continuing to show that it reduces the costs of healthcare and that it has a positive impact on patient outcomes. Wireless remote monitoring was made the standard of care in the guidelines issued by the Heart Rhythm Society in 2015.

Customized MRI Settings

The use of pacemakers that allow MRI scans on those implanted with them has increasingly become popular for individuals who may require an MRI scan but do not want to risk causing damage to their heart device. In the course of an MRI scan, the Assurity MRI pacemaker is paired with the MRI Activator handheld device from Abbott Laboratories (NYSE:ABT) in order to get the MRI settings that are customized for that particular patient. The technology can therefore save on time and effort and also avoid inconveniencing the patient when compared to the conventional devices that require pre-scan and post-scan pacemaker reprogramming.

Besides the FDA, Abbott continues to collaborate with other regulatory agencies around the globe in order to get its products approved.

In Wednesday’s trading, shares of Abbott Laboratories (NYSE:ABT) rose by 1.34 percent to close the day at $42.33.

Follow Abbott Laboratories (NYSE:ABT)
Trade (NYSE:ABT) Now!

Note: This article is written by Adam Russell and originally published at Market Exclusive.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.