Medtronic completes acquisition of CathWorks, expanding its leadership in transforming care for patients with cardiovascular disease [TheStreet.com]
Medtronic plc. Ordinary Shares (MDT)
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am
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Source: TheStreet.com
PR Newswire GALWAY, Ireland, April 20, 2026 CathWorks FFRangio® System employs drug-free, wire-free technology for comprehensive physiological assessment GALWAY, Ireland April 20, 2026 /PRNewswire/ -- Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced it has completed its acquisition of CathWorks, a privately held medical device company, which aims to transform how coronary artery disease (CAD) is diagnosed and treated. The acquisition follows a 2022 strategic partnership with a co-promotion agreement for the CathWorks FFRangio® System where it is commercially available in the U.S., Europe and Japan. The acquisition is valued at $585 million with potential undisclosed earn-out payments post-acquisition. "With the acquisition of CathWorks by Medtronic, we are boldly redefining the future of cardiovascular care," said Ramin Mousavi, president and chief executive officer of CathWorks. "As I reflect on our long-term partnership, I am deeply gratef
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News
- Medtronic completes acquisition of CathWorks, expanding its leadership in transforming care for patients with cardiovascular disease [Yahoo! Finance]Yahoo! Finance
- Medtronic completes acquisition of CathWorks, expanding its leadership in transforming care for patients with cardiovascular diseasePR Newswire
- Truist Cuts Medtronic (MDT) Price Target, Sees Stable Q1 Performance [Yahoo! Finance]Yahoo! Finance
- Medtronic (MDT) had its price target lowered by Truist Financial Corporation from $103.00 to $95.00. They now have a "hold" rating on the stock.MarketBeat
- Medtronic (MDT) had its price target raised by Robert W. Baird from $92.00 to $93.00. They now have a "neutral" rating on the stock.MarketBeat
MDT
Earnings
- 2/17/26 - Beat
MDT
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/24/26 - Form 8-K
- 3/9/26 - Form S-3ASR
- MDT's page on the SEC website