Company Description
LivaNova PLC (NASDAQ: LIVN) is a global medical technology company that focuses on select neurological and cardiac conditions. According to company disclosures, LivaNova is built on nearly five decades of experience and is driven by a vision to change the trajectory of patients’ lives. The company is headquartered in London and reports that it has a presence in more than 100 countries, serving patients, healthcare professionals, and healthcare systems worldwide.
LivaNova operates in the surgical and medical instrument manufacturing industry within the broader manufacturing sector. The company describes itself as a medical technology business that develops and provides medical technologies for neurological and cardiac conditions. Its activities include neuromodulation therapies and cardiopulmonary solutions, as reflected in its communications about epilepsy, obstructive sleep apnea, and heart-lung support technologies.
The firm’s heritage includes a combination of Cyberonics in the United States and Sorin in Italy, which formed the basis of today’s LivaNova. Historical descriptions note that the company has focused on cardiopulmonary solutions, such as heart-lung machines and oxygenation equipment, and neuromodulation devices for treatment-resistant epilepsy and depression. Over time, LivaNova has divested certain businesses, including cardiac rhythm management, heart valves, and extracorporeal membrane oxygenation, to concentrate on its chosen areas.
Neuromodulation and Epilepsy
A central area for LivaNova is neuromodulation for Drug-Resistant Epilepsy (DRE). The company highlights VNS Therapy™, an add-on treatment designed to reduce seizure frequency in adults and children as young as four years old with DRE and partial onset seizures. LivaNova describes VNS Therapy as a unique treatment approach developed for people with drug-resistant epilepsy. Company materials emphasize that implantation is an outpatient procedure that does not require penetration of the skull, distinguishing it from some other surgical treatment options.
LivaNova has sponsored the CORE-VNS study, which it describes as the largest prospective, multinational observational study of VNS Therapy for DRE. The company reports that CORE-VNS is a real-world, long-term, open-label study that enrolled more than 800 people at 61 sites worldwide. According to LivaNova, the study provides a comprehensive assessment of VNS Therapy effectiveness and offers modern insights into global use of the therapy in seizure management.
In its communications, LivaNova notes that real-world evidence from CORE-VNS demonstrates significant seizure reduction and improved outcomes for patients with DRE, including reductions in severe disabling seizures and decreases in rescue medication use over time. The company also references health economics analyses that examine healthcare resource use and costs before and after VNS Therapy implantation across different U.S. payer types, including commercial insurance, Medicare, and Medicaid.
Cardiopulmonary Business
LivaNova also operates a Cardiopulmonary business that it associates with heart-lung support during cardiac surgery. The company has discussed a global cardiopulmonary market and references its Essenz™ Perfusion System and related consumables in its public communications. LivaNova has indicated that this business participates in a large global market for cardiopulmonary products and that it seeks growth through equipment replacement cycles, consumables, and related offerings.
In recent updates, LivaNova has highlighted the commercial launch of the Essenz Perfusion System in additional geographies and has described demand for consumables that support the installed base. The cardiopulmonary segment is presented by the company as one of its core businesses and as a contributor to its overall revenue and operating performance.
Obstructive Sleep Apnea and Proximal Hypoglossal Nerve Stimulation
LivaNova is also active in the field of obstructive sleep apnea (OSA). The company is developing and studying a differentiated neurostimulation modality known as proximal hypoglossal nerve stimulation (p‑HGNS). This approach is associated with the aura6000™ System, which LivaNova describes as an investigational device for moderate to severe OSA in patients who have failed or are unwilling to use positive airway pressure treatment.
Through clinical studies such as THN‑3 and OSPREY, LivaNova and independent investigators have evaluated p‑HGNS, which utilizes six electrodes placed on the proximal trunk of the hypoglossal nerve. Company materials state that this configuration is intended to provide broad access to muscles controlling the airway and to enable customized titration. LivaNova has reported multi‑year analyses and 12‑month data showing improvements in sleep‑disordered breathing, oxygenation, and quality of life measures in patients with moderate to severe OSA.
Strategic Focus and Core Businesses
In its investor communications, LivaNova describes its strategy as building on leadership positions in Epilepsy and Cardiopulmonary while developing a pipeline in areas such as obstructive sleep apnea and difficult‑to‑treat depression. The company refers to its Epilepsy and Cardiopulmonary operations as core businesses that provide a foundation for growth, margin expansion, and cash generation.
LivaNova has presented a long‑range plan that emphasizes maximizing these core businesses, scaling its OSA program, and maintaining potential upside in difficult‑to‑treat depression as part of its neuromodulation platform. The company characterizes the OSA market as large and underpenetrated and points to clinical data and its differentiated technology as reasons it is pursuing this area.
Global Footprint and Stakeholders
LivaNova states that it employs approximately 2,900 to 3,000 people and has a presence in more than 100 countries. Its disclosures emphasize serving multiple stakeholder groups, including patients, healthcare professionals, hospitals, and healthcare systems. As a global medical technology company, LivaNova communicates regularly with investors through conference presentations, investor days, and quarterly results calls.
The company’s common shares trade on the NASDAQ under the ticker symbol LIVN. LivaNova is incorporated in England and Wales and files reports with the U.S. Securities and Exchange Commission, including Form 8‑K current reports on material events such as financial results and board appointments.
Regulatory and Clinical Evidence
Because LivaNova operates in regulated medical technology markets, clinical evidence and regulatory decisions are important to its activities. The company highlights data from large observational studies and randomized controlled trials related to its neuromodulation therapies. It also communicates about reimbursement developments, such as decisions by the U.S. Centers for Medicare & Medicaid Services (CMS) that affect provider payment levels for VNS Therapy procedures in drug‑resistant epilepsy.
In its public statements, LivaNova has described CMS actions that assign VNS Therapy procedures to specific ambulatory payment classifications and elevate certain procedures to higher payment levels. The company has indicated that these reimbursement changes are expected to improve hospital economics for Medicare procedures and reduce barriers to procedure penetration for eligible patients.
Company Identity and Purpose
Across its news releases and investor communications, LivaNova consistently describes itself as a global medical technology company with a focus on changing the trajectory of lives in select neurological and cardiac conditions. The company emphasizes its experience over nearly five decades, its London headquarters, and its worldwide presence. It positions its therapies as medical technologies intended to deliver life‑changing solutions for patients and their families.
FAQs about LivaNova PLC (LIVN)
- What does LivaNova PLC do?
LivaNova PLC is a global medical technology company that focuses on select neurological and cardiac conditions. It develops and provides medical technologies such as neuromodulation therapies for drug‑resistant epilepsy and cardiopulmonary solutions associated with heart‑lung support. - Where is LivaNova headquartered?
The company states that it is headquartered in London and has a presence in more than 100 countries worldwide. - In which industry does LivaNova operate?
LivaNova operates in the surgical and medical instrument manufacturing industry within the broader manufacturing sector, with an emphasis on medical technology for neurological and cardiac conditions. - What is VNS Therapy in LivaNova’s portfolio?
VNS Therapy is a neuromodulation treatment developed by LivaNova as an add‑on therapy to reduce seizure frequency in adults and children as young as four years old with drug‑resistant epilepsy and partial onset seizures. The company notes that implantation is an outpatient procedure that does not require penetration of the skull. - What is the CORE‑VNS study?
CORE‑VNS is described by LivaNova as a real‑world, long‑term, open‑label study evaluating outcomes of VNS Therapy in people with drug‑resistant epilepsy. The company reports that it enrolled more than 800 people at 61 sites worldwide and is the most comprehensive assessment of VNS Therapy effectiveness to date in this setting. - How is LivaNova involved in obstructive sleep apnea treatment?
LivaNova is studying proximal hypoglossal nerve stimulation (p‑HGNS) for moderate to severe obstructive sleep apnea using its aura6000 System, which it identifies as an investigational device. Clinical trials such as THN‑3 and OSPREY evaluate this neurostimulation modality in patients who have failed or are unwilling to use positive airway pressure treatment. - What are LivaNova’s core business areas?
In its investor communications, LivaNova identifies Epilepsy (neuromodulation) and Cardiopulmonary as core businesses that provide a foundation for growth, margin expansion, and cash generation. It also highlights obstructive sleep apnea and difficult‑to‑treat depression as additional areas within its neuromodulation platform. - On which exchange is LivaNova stock listed and what is its ticker?
LivaNova’s ordinary shares trade on the NASDAQ under the ticker symbol LIVN. - How long has LivaNova been in the medical technology field?
The company describes itself as being built on nearly five decades of experience in medical technology, reflecting its heritage from predecessor businesses and its ongoing operations. - Who are LivaNova’s primary stakeholders?
LivaNova states that it serves patients, healthcare professionals, hospitals, and healthcare systems worldwide, with the goal of delivering medical technologies that can change the trajectory of patient lives in neurological and cardiac conditions.