# Medtronic to acquire CathWorks for up to $585 million

Medtronic announced it will exercise its option to acquire CathWorks, a medical device company, for up to $585 million. The acquisition follows a 2022 strategic partnership.

- Type: Acquisition
- Announced: 2026-05-06
- Where: Salt Lake City, United States
- Value: $585.0M
- Status: announced
- Products: FFRangio System
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md) (acquirer)
- [CathWorks](https://endata.com/companies/64068.md) (target)
- [Scientia Vascular](https://endata.com/companies/90794.md) (target)

## Sources

- [gsmedtech.com](https://www.gsmedtech.com/insights/article/medtronic-advances-its-innovation-strategy-with-intent-to-acquire-cathworks), 2026-05-06: "Medtronic is thrilled to move forward with our option to officially acquire CathWorks."
- [mpo-mag.com](https://www.mpo-mag.com/breaking-news/medtronic-completes-550m-deal-for-scientia-vascular/), 2026-06-12: "Medtronic announced that it has completed its acquisition of Scientia Vascular, a privately-held medical device company based in Salt Lake City."
- [evtoday.com](https://evtoday.com/news/medtronic-completes-acquisition-of-scientia-vascular), 2026-06-12: "Medtronic announced it has completed its acquisition of Scientia Vascular, a privately held developer of access products for the treatment of complex neurovascular conditions."
- [cardiovascularbusiness.com](https://cardiovascularbusiness.com/topics/clinical/vascular-endovascular/medtronic-completes-550m-acquisition-neurovascular-company), 2026-06-15: "The addition of Scientia's access technologies strengthens our ability to simplify complex neurovascular procedures."
- [digitalhealthnews.com](https://www.digitalhealthnews.com/medtronic-completes-550-mn-acquisition-of-scientia-vascular), 2026-06-16: "The acquisition adds Scientia Vascular’s advanced access technologies to Medtronic’s existing neurovascular portfolio"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.