Acutus Medical (AFIB) Announces Operational Downsizing

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Acutus Medical Announces Operational Downsizing

December 4, 2024 4:01 PM EST

CARLSBAD, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Acutus Medical, Inc. (Acutus or the Company) (Nasdaq: AFIB), today announced a realignment of resources and operational downsizing.

Dr. Shaden Marzouk, Chairperson of the Board of Directors of Acutus, commented, Following an extensive strategic review by the Companys Board of Directors, we are taking the hard but necessary steps to reduce the size of our organization while complying with our remaining obligations to Medtronic for the production of left-heart access products.

Takeo Mukai, CEO & CFO of Acutus, added, The operational downsizing impacts our team,... More