QT Vascular grants Medtronic option to buy Chocolate PTA balloon assets

QT Vascular entered into an asset purchase option agreement with Medtronic, giving Medtronic the option to acquire QT Vascular's non-drug coated Chocolate PTA balloon for $28 million, exercisable upon achievement of certain milestones.

“The purchase price is $28 million, according to Singapore’s Business Times, pegged to 'achievement of certain milestones,' the company said.”prnewswire.com

• 1 source
• prnewswire.comQT Vascular Enters Into Asset Purchase Option Agreement With MedtronicQT Vascular Ltd.May 12, 2017

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