MitraClip was designed to spare patients from open-heart surgery by snaking hardware into the heart through a major vein. Its manufacturer, Abbott, said it offered new hope for people severely ill ...

Moreover, Abbott is an established leader in TEER space with its MitraClip system. We expect the market sentiment toward ABT stock to remain positive surrounding the latest development.

In severe cases, surgery can repair or replace the valve. If patients are not candidates for surgery, doctors can implant a clothespin-like device called a MitraClip that helps the valve close ...