Growth ProspectsThe potential failure of the JenaValve deal is seen as a negative for future growth, as it would eliminate the addition of a self-expanding valve option for aortic regurgitation patients.
Market CompetitionThe near-term outlook is clouded by TAVR growth decelerating and price competition in Europe.
Regulatory RisksThe FTC's lawsuit to block the JenaValve deal introduces a risk that the deal may not close, removing a potential future growth opportunity for Edwards Lifesciences.