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Positive PROGRESS data expands EW's TAM in moderate AS, supports higher procedural volumes, and could lift near-term sentiment; historical parallels show stock moves on meaningful positive trial results when accompanied by guidance and payer signals.
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Edwards Lifesciences reported PROGRESS trial results showing TAVR outperformed clinical surveillance for the composite of death or heart failure at two years in patients with moderate aortic stenosis and at-risk features. The data could broaden TAVR adoption, potentially expanding EW's addressable market and near-term revenue trajectory through greater procedural volume and payer support.
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