Will Japan Save This Revolutionary Heart Device?

Will Japan Save This Revolutionary Heart Device?

Medical device maker Edwards Lifesciences is counting on its Sapien heart valve in a big way. When the Sapien's sales grew slower than expected in the company's first quarter and Edwards lowered its full-year revenue guidance because of it, the stock dropped like a rock. Similarly, Edwards' strong second quarter renewed optimism in this medical device maker's future.

The Sapien has a lot going for it -- after all, it's the only heart valve of its type currently approved in the U.S. It added an approval in Japan, also the first of its class, back in June, giving the Sapien a critical first-mover advantage in the world's second-largest health care market. While the device's American launch has gotten off to a slow start, however, Japan could be a huge win for Edwards as it looks to fend off competitors in a growing industry.

Is the Sapien destined for new highs across the Pacific, and can Edwards' stock capitalize for your portfolio? Fool contributor Dan Carroll takes you through the big news out of Japan for Edwards -- and what medical device investors need to know going forward in a critical cardiac device battle.

Big health care approvals like the Sapien's FDA green light can make or break a stock-but at the core of your investing thesis, a patient long-term approach to the markets offers you the best and most proven chance at reaching your financial goals. The Motley Fool's special free report "3 Stocks That Will Help You Retire Rich" names specific investment opportunities that could help you build long-term wealth and help you retire well. The Fool also outlines critical wealth-building strategies that every investor should know. Click here to keep reading.

The article Will Japan Save This Revolutionary Heart Device? originally appeared on Fool.com.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool owns shares of Medtronic. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.