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Medtronic has entered a strategic partnership with CathWorks, investing up to $75 million and co-promoting CathWorks' FFRangio System in the US, Europe, and Japan. Medtronic has an option to acquire CathWorks by July 2027 for up to $585 million.
“Medtronic will invest up to $75 million and immediately begin co-promotion of CathWorks' FFRangio® System in the U.S., Europe and Japan.”news.medtronic.com
Summarized from public sources; check the original articles before acting on it.