Company
Integrated Vascular Systems
- Business model
- B2B
Record updated 28 September 2026
About
designed and developed innovative catheter-based, nitinol "clip" technology for tissue apposition. Following an initial clinical evaluation of it STARCLOSE system for the closure of femoral artery incisions, Abbott Laboratories acquired IVS in July, 2003 for over $100 million in initial and future consideration. In December 2005, Abbott received FDA approval for the STARCLOSE system.