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Medtronic plc (MDT) and Merit Medical Systems, Inc. (MMSI) have announced a strategic distribution agreement for the innovative ViaVerte system. The ViaVerte system is the first FDA-cleared, physician-controlled basivertebral nerve ablation (BVNA) technology designed to treat chronic vertebrogenic lower-back pain. This partnership aims to integrate the advanced system into Medtronic's extensive pain intervention portfolio, enhancing its offerings in the minimally invasive surgery market. For Merit Medical, the deal provides a significant opportunity to leverage Medtronic's global distribution network and clinical expertise. The move is expected to improve patient access to advanced pain management solutions while strengthening the competitive position of both companies. Analysts view the collaboration as a bullish development, reflecting a strategic alignment in the high-growth medical device sector.
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