Medtronic, Inc. Files for FDA Approval of Drug-Eluting Balloon

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Medtronic files the 1st module of a pre-market approval application with the FDA for its In.Pact Admiral drug-eluting balloon to treat peripheral artery disease. Medtronic (NYSE:MDT) applied for pre-market approval from the FDA for a medical device designed to treat peripheral artery disease, the In.Pact Admiral drug-eluting balloon. Fridley, Minn.-based Medtronic said it's gearing up for a full launch in the U.S. in 2015, assuming the FDA approves the application.

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