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BioWorld - Saturday, March 7, 2026
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Home » Medtronic signs $75M co-promotion deal with Cathworks for CAD decision tool
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Medtronic signs $75M co-promotion deal with Cathworks for CAD decision tool

July 13, 2022
By Catherine Longworth
Medtronic plc has entered a strategic collaboration with Cathworks Ltd. to expand the reach of Cathworks’ artificial intelligence (AI) guidance system for coronary artery disease management. Medtronic will invest up to $75 million and immediately begin co-promotion of the Ffrangio system on the U.S., European and Japanese market. As part of a separate agreement, Dublin-headquartered Medtronic will have the option to acquire Cathworks once certain undisclosed milestones are met.
Deals and M&A Medical technology Artificial intelligence Digital health Cardiovascular

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