Medtronic, Inc. (MDT) PT Lowered to $128 at Stifel

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Go back to Medtronic, Inc. (MDT) PT Lowered to $128 at Stifel

Medtronic (MDT) Granted Japanese Approval for Micra AV Transcatheter Pacing System, Will Launch Later this Month

January 10, 2022 4:01 PM EST

Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced it has received approval from Japan's Ministry of Health, Labor and Welfare for the sale and reimbursement of the Micra AV Transcatheter Pacing System (TPS), and the company will launch the product this month.

This approval expands the number of patients in Japan one of the largest markets in the world who are eligible to receive the Micra TPS, the world's smallest pacemaker. The Micra AV is indicated for the treatment of patients with AV block, a condition in which the... More

Medtronic (MDT) Acquires Affera

January 10, 2022 7:01 AM EST

Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced that it has entered into a definitive agreement to acquire Affera, Inc., a Boston area-based, privately held medical technology company. Affera designs and manufactures cardiac mapping and navigation systems and catheter-based cardiac ablation technologies, including a differentiated, focal pulsed field ablation solution, for the treatment of patients with cardiac arrhythmias (irregular heartbeats) such as atrial fibrillation (AF). Medtronic, through its minority investment portfolio, has been a strategic investor in Affera and currently holds a 3% ownership stake in the company.

The acquisition... More