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Acutus Sells Left-Heart Access Business To Medtronic; Extends Its Cash Runway

 
• By Reed Miller

The deal, potentially worth more than $85m, will allow Acutus to get more revenue from its core AcQMap electrophysiology mapping technology and invest in the development of its pulsed field ablation system.

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• Source: Shutterstock

Acutus Medical is selling its left-heart access technologies and refinancing its debt to focus more resources on its electrophysiology mapping and ablation technologies.

The companies announced on 27 April that Medtronic has agreed to pay $50m upfront to acquire Acutus’ left-heart portfolio – devices electrophysiologists use to move a mapping or ablation catheter...

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