# Medtronic completes $28 million purchase of QT Vascular's Chocolate PTA balloon catheter

Medtronic has completed the $28 million sale of QT Vascular's Chocolate PTA balloon catheter, following a prior distribution agreement and option triggers.

- Type: Acquisition
- Announced: 2018-01-29
- Where: United States
- Value: $28.0M
- Status: completed
- Products: Chocolate PTA balloon catheter
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md) (acquirer)
- [Qt Vascular Ltd](https://endata.com/companies/21934.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/medtronic-completes-the-purchase-of-qt-vasculars-chocolate-pta-balloon-catheter-300589868.html), 2018-01-29: "The Board of Directors of the Company is pleased to announce the completion of the US$28 million sale of Chocolate® PTA balloon catheter to Medtronic."
- [cardiacvascularnews.com](https://cardiacvascularnews.com/medtronic-closes-28m-purchase-of-qt-vasculars-chocolate-pta-balloon-catheter/), 2018-01-30: "The acquisition of the Chocolate PTA balloon will strengthen our 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.