HLT, Inc. is a clinical stage company, founded in Minnesota in 2002. We are designing a transcatheter heart valve intended for the treatment of aortic valve disease. Our procedure is expected to be performed by an interventional cardiologist in a cardiac catheterization laboratory, and will be both less invasive and less costly than an open heart valve replacement procedure. The HLT system consists of a catheter-based delivery system and a heart valve. The company currently employs approximately 100 people in Maple Grove, Minnesota.
In 2010 HLT was acquired by The Bracco Group; an international company active in the healthcare sector through Bracco Imaging. The group employs more than 3,300 employees worldwide and has annual total consolidated revenues of more than $1 billion.
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