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The FDA has approved Medtronic plc's (NYSE:MDT) InterStim X, the next generation of the InterStim portfolio's recharge-free device.
- InterStim systems deliver sacral neuromodulation (SNM) therapy.
- Recharge-free InterStim X or the rechargeable InterStim Micro device are used to treat overactive bladder (OAB), chronic fecal incontinence (FI), and non-obstructive urinary retention.
- The InterStim X device with proprietary 5th generation battery chemistry offers more than ten years of battery life without recharging, providing patients with more freedom and less maintenance.
- With low energy settings, the device may last up to 15 years.
- Also See: Medtronic's Q3 Profit In Line With Expectation Despite COVID-19 Impact On Procedure Volume.
- InterStim Micro's proprietary overdrive battery technology offers more than 15 years of battery life with regular recharging once a month.
- The Company notes that it is the smallest, most powerful rechargeable SNM device on the market.
- Both systems include a smart programmer that looks like a common smartphone, so patients may discreetly and independently adjust their choice of 11 therapy settings at home or on the go.
- Both devices also include SureScan technology that enables full body 1.5T and 3T MRI scans under certain conditions and does not require impedance checks.
- Price Action: MDT closed at $103.72 on Tuesday.