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Health Canada approves Covidien's to Solitaire revascularization device for restoring blood flow to the brain in patients with acute ischemic stroke.

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Medtech giant Covidien (NYSE:COV) won Health Canada approval for its Solitaire FR revascularization device, intended to remove blood clots and restore blood flow in the brains of patients suffering acute ischemic stroke.

"Stroke is a widespread public health issue, with approximately 50,000 Canadians experiencing a stroke annually," president of vascular therapies Stacy Enxing Seng said in prepared remarks. "Solitaire FR is intended to transform the way this potentially fatal and often debilitating condition is treated."

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