PEERLESS Results Show Superiority of FlowTriever® Compared to Catheter-Directed Thrombolytics for Intermediate-Risk Pulmonary Embolism

$NARI
Medical/Dental Instruments
Health Care
Get the next $NARI alert in real time by email

IRVINE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ:NARI) ("Inari"), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today announced positive results from the prospective PEERLESS Randomized Controlled Trial (RCT) comparing FlowTriever to catheter-directed thrombolytics (CDT). The results were presented by Dr. Wissam Jaber, Professor of Medicine at Emory University School of Medicine and Co-Global Principal Investigator (PI), during the Late-Breaking Clinical Trial Session at the 2024 Transcatheter Cardiovascular Therapeutics (TCT) Annual Scientific Symposium in Washington, D.C. In recognition of the clinical relevance of the study, results were also simultaneously published in Circulation, the premier peer-reviewed journal of the American Heart Association (AHA).

PEERLESS met its primary composite endpoint (win ratio 5.01, p<0.001), driven by patients experiencing significantly fewer clinical deteriorations or therapy escalations, fewer ICU admissions, and shorter ICU lengths of stay with FlowTriever versus CDT. Patients also had faster recovery of clinical symptoms and hemodynamics, shorter hospital length of stay, and fewer 30-day readmissions.

"These results are crucial to guiding optimal PE treatment decisions, providing strong evidence that FlowTriever may reduce clinical deterioration and the need for reintervention through more effective early thrombus resolution," said Dr. Jaber. "As the only randomized trial evaluating mechanical thrombectomy in PE, PEERLESS allows us to now confidently say that treatment with FlowTriever is safe, effective, and superior to CDT."

The PEERLESS study was conducted across 57 centers worldwide, enrolling 550 intermediate-risk PE patients randomized to receive either FlowTriever thrombectomy or CDT. The primary RCT cohort excluded patients with absolute contraindications to thrombolytics and enrolled very few patients with relative contraindications. In addition to Dr. Jaber, study leadership includes Co-global PI Dr. Carin Gonsalves, Professor of Radiology and Co-Director of the Division of Interventional Radiology at Thomas Jefferson University, and European PI Prof. Stefan Stortecky, Associate Professor, Bern University Hospital, Inselspital, Switzerland.

"These findings underscore FlowTriever's unique effectiveness in helping PE patients feel better more rapidly," said Dr. Gonsalves. "What stands out is that large-bore thrombectomy and blood return with the FlowTriever system produced superior clinical outcomes and maintained an excellent safety profile. This shows we can facilitate faster recovery from PE, discharge patients sooner, and do so without additional risks."

PEERLESS RCT Highlights:

  • Reduced Deteriorations/Bailouts: FlowTriever patients had 3X fewer clinical deteriorations and/or therapy escalations to bailout compared to CDT.
  • Faster Recovery: FlowTriever patients had greater improvement of clinical symptoms and hemodynamics at 24 hours, and fewer 30-day readmissions.
  • Decreased Hospital Resource Use: FlowTriever patients had significantly less ICU admission, ICU length of stay (LOS), and hospital LOS.
  • Conclusive FlowTriever Safety Profile: In the FlowTriever arm, there were 0 patient deaths at discharge or 7 days, 0 deteriorations related to cardiac arrest, high-grade AV block, or respiratory failure, and low 0.4% all-cause mortality at 30-day follow-up.

"PEERLESS, the first major randomized PE study in over a decade, reiterates our commitment to practice- and guideline-changing research and sets the new standard for clinically meaningful endpoints," said Dr. Thomas Tu, Inari's Chief Medical Officer. "The results of this study position FlowTriever as the primary interventional tool for intermediate-risk PE. PEERLESS is the first in a series of randomized controlled studies that Inari and others are bringing to light, kicking off the golden age of PE research. I wish to thank our dedicated steering committee and investigators for bringing this trial to reality and contributing to its ongoing impact on patient care."

View the PEERLESS Results Summary Presentation: Link

Accepted for simultaneous publication in Circulation: Link

About Inari Medical, Inc.

Patients first. No small plans. Take care of each other. These are the guiding principles that form the ethos of Inari Medical. We are committed to improving lives in extraordinary ways by creating innovative solutions for both unmet and underserved health needs. In addition to our purpose-built solutions, we leverage our capabilities in education, clinical research, and program development to improve patient outcomes. We are passionate about our mission to establish our treatments as the standard of care for venous thromboembolism and four other targeted disease states. We are just getting started. Learn more at www.inarimedical.com and connect with us on LinkedIn, X (Twitter), and Instagram.

The FlowTriever system is 510(k)-Cleared by FDA and CE Mark approved for the treatment of pulmonary embolism and clot in transit in the right atrium.

Investor Contact:

Marissa Bych

Gilmartin Group LLC

IR@inarimedical.com



Primary Logo

Get the next $NARI alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Q&A

New
  • What recent clinical trial results did Inari Medical announce and what do they indicate?

    Inari Medical has announced positive results from the PEERLESS RCT, indicating that FlowTriever was superior to catheter-directed thrombolytics (CDT) in treating pulmonary embolism (PE).

  • What were the key findings regarding patient outcomes between FlowTriever and CDT in the PEERLESS study?

    The PEERLESS study demonstrated that FlowTriever patients experienced significantly fewer clinical deteriorations, shorter ICU stays, and quicker recovery of symptoms compared to those treated with CDT.

  • How many patients participated in the PEERLESS study and how was the study structured?

    The study was conducted across 57 centers worldwide, enrolling 550 patients who were randomized to receive either FlowTriever thrombectomy or CDT.

  • What safety outcomes were reported for patients treated with FlowTriever in the PEERLESS study?

    FlowTriever was found to have an excellent safety profile, with 0 patient deaths or severe complications reported in the treatment group at discharge and 7 days follow-up.

  • What did Dr. Thomas Tu state about the significance of the PEERLESS study findings for future clinical practice?

    Dr. Thomas Tu, Inari's Chief Medical Officer, emphasized that PEERLESS sets a new standard for clinical endpoints in PE research and positions FlowTriever as a primary intervention for intermediate-risk PE.

Recent Analyst Ratings for
$NARI

DatePrice TargetRatingAnalyst
12/17/2024$75.00Outperform
Oppenheimer
9/18/2024$50.00Hold
Stifel
9/3/2024$47.00Market Perform
Leerink Partners
8/9/2024$68.00Buy
Deutsche Bank
7/25/2024Outperform
William Blair
7/18/2024Buy → Hold
Needham
2/29/2024$85.00 → $55.00Overweight → Neutral
Piper Sandler
1/23/2024$72.00Buy
Needham
More analyst ratings

$NARI
Press Releases

Fastest customizable press release news feed in the world

See more
  • Stryker completes acquisition of Inari Medical, Inc., providing entry into the high-growth peripheral vascular segment

    Portage, Michigan, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK), a global leader in medical technologies, announced today that it has completed the acquisition of Inari Medical, Inc. (NASDAQ:NARI), a company that provides innovative solutions for venous thromboembolism (VTE) clot removal without the use of thrombolytic drugs. The addition of Inari brings an established peripheral vascular position to Stryker in the fast-growing VTE segment. "The acquisition of Inari Medical marks a significant milestone in expanding our interventional endovascular portfolio," said Kevin Lobo, Chair and Chief Executive Officer, Stryker. "We look forward to welcoming the talented Inari team to Stryk

    $NARI
    $SYK
    Medical/Dental Instruments
    Health Care
  • Kadant Set to Join S&P SmallCap 600

    NEW YORK, Feb. 13, 2025 /PRNewswire/ -- Kadant Inc. (NYSE:KAI) will replace Inari Medical Inc. (NASD: NARI) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, February 19. S&P 500 constituent Stryker Corp. (NYSE:SYK) is acquiring Inari Medical in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name      Action Company Name Ticker GICS Sector February 19, 2025 S&P SmallCap 600 Addition Kadant KAI Industrials February 19, 2025 S&P SmallCap 600 Deletion Inari Medical NARI Health Care For more information about

    $KAI
    $NARI
    $SPGI
    $SYK
    Industrial Machinery/Components
    Industrials
    Medical/Dental Instruments
    Health Care
  • Masimo Announces Leadership Transition

    Katie Szyman Appointed Chief Executive Officer and to Board of Directors Interim CEO Michelle Brennan Named Chairman of Masimo's Board Today the Board of Directors (the "Board") of Masimo (NASDAQ:MASI), a leading global medical innovator, announced that Katie Szyman has been appointed the next Chief Executive Officer ("CEO") of the Company. Interim CEO Michelle Brennan has been appointed Chairman of Masimo's Board and Lead Independent Director Quentin Koffey has been appointed Vice Chairman. All of these changes are effective as of February 12, 2025. Ms. Szyman is currently worldwide president of Advanced Patient Monitoring at BD (Becton, Dickinson and Company). Previously, Ms. Szyman

    $MASI
    $NARI
    $OM
    Biotechnology: Electromedical & Electrotherapeutic Apparatus
    Health Care
    Medical/Dental Instruments

$NARI
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$NARI
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$NARI
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$NARI
SEC Filings

See more

$NARI
Leadership Updates

Live Leadership Updates

See more
  • Kadant Set to Join S&P SmallCap 600

    NEW YORK, Feb. 13, 2025 /PRNewswire/ -- Kadant Inc. (NYSE:KAI) will replace Inari Medical Inc. (NASD: NARI) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, February 19. S&P 500 constituent Stryker Corp. (NYSE:SYK) is acquiring Inari Medical in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name      Action Company Name Ticker GICS Sector February 19, 2025 S&P SmallCap 600 Addition Kadant KAI Industrials February 19, 2025 S&P SmallCap 600 Deletion Inari Medical NARI Health Care For more information about

    $KAI
    $NARI
    $SPGI
    $SYK
    Industrial Machinery/Components
    Industrials
    Medical/Dental Instruments
    Health Care
  • Masimo Announces Leadership Transition

    Katie Szyman Appointed Chief Executive Officer and to Board of Directors Interim CEO Michelle Brennan Named Chairman of Masimo's Board Today the Board of Directors (the "Board") of Masimo (NASDAQ:MASI), a leading global medical innovator, announced that Katie Szyman has been appointed the next Chief Executive Officer ("CEO") of the Company. Interim CEO Michelle Brennan has been appointed Chairman of Masimo's Board and Lead Independent Director Quentin Koffey has been appointed Vice Chairman. All of these changes are effective as of February 12, 2025. Ms. Szyman is currently worldwide president of Advanced Patient Monitoring at BD (Becton, Dickinson and Company). Previously, Ms. Szyman

    $MASI
    $NARI
    $OM
    Biotechnology: Electromedical & Electrotherapeutic Apparatus
    Health Care
    Medical/Dental Instruments
  • Oculis Publishes Results of 2024 Annual General Meeting and Announces Appointments to its Board of Directors and Scientific Advisory Board

    Shareholders approved all agenda items and proposals of the Board of DirectorsRobert K. Warner, M.B.A. and Arshad M. Khanani, M.D., M.A., FASRS elected as members of the Board of DirectorsBaruch D. Kuppermann, M.D., Ph.D. and Frank G. Holz, M.D., Ph.D. appointed as members of the Scientific Advisory BoardOculis established a CHF 50 million flexible loan facility with funds and accounts managed by BlackRock ZUG, Switzerland, May 30, 2024 (GLOBE NEWSWIRE) -- Oculis Holding AG (NASDAQ:OCS, XICE: OCS))) ("Oculis" or the "Company"), a global biopharmaceutical company purposefully driven to save sight and improve eye care, today announced the results from its 2024 Annual General Meeting

    $ALC
    $NARI
    $OCS
    $RXST
    Ophthalmic Goods
    Health Care
    Medical/Dental Instruments
    Biotechnology: Pharmaceutical Preparations

$NARI
Financials

Live finance-specific insights

See more
  • Stryker completes acquisition of Inari Medical, Inc., providing entry into the high-growth peripheral vascular segment

    Portage, Michigan, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK), a global leader in medical technologies, announced today that it has completed the acquisition of Inari Medical, Inc. (NASDAQ:NARI), a company that provides innovative solutions for venous thromboembolism (VTE) clot removal without the use of thrombolytic drugs. The addition of Inari brings an established peripheral vascular position to Stryker in the fast-growing VTE segment. "The acquisition of Inari Medical marks a significant milestone in expanding our interventional endovascular portfolio," said Kevin Lobo, Chair and Chief Executive Officer, Stryker. "We look forward to welcoming the talented Inari team to Stryk

    $NARI
    $SYK
    Medical/Dental Instruments
    Health Care
  • Inari Medical Reports Third Quarter 2024 Financial Results

    IRVINE, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ:NARI) ("Inari"), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today reported financial results for its third quarter ended September 30, 2024. Third Quarter Financial and Recent Business Highlights Generated revenue of $153 million in Q3 of 2024, up 21% over the same quarter of last year.GAAP operating loss was $13.6 million in Q3 of 2024, compared to a $2.1 million operating income in the same quarter of last year.Non-GAAP operating loss was $0.4 million in Q3 of 2024, compared to a $4.8 million non-GAAP operating income in t

    $NARI
    Medical/Dental Instruments
    Health Care
  • Inari Medical to Announce Third Quarter 2024 Financial Results

    IRVINE, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ:NARI) ("Inari"), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today announced that it will release its third quarter 2024 financial results on Monday, October 28, 2024. In conjunction with the release, Inari will host a conference call and webcast at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss its financial results and recent highlights. Interested parties may access the live earnings call via telephone by dialing 844-825-9789 for domestic callers or 412-317-5180 for international callers. The live webinar may be acc

    $NARI
    Medical/Dental Instruments
    Health Care

$NARI
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more