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BioWorld - Sunday, April 5, 2026
Home » Keywords » Medtronic plc

Items Tagged with 'Medtronic plc'

ARTICLES

Xcath Team Santiago Control Room

Xcath sees Iris robotic platform transforming stroke treatment

March 27, 2026
By Shani Alexander
No Comments
As robotic-assisted surgery platforms increasingly demonstrate that they can perform telesurgery safely, the question now is how soon remote operations will become part of routine clinical care. Eduardo Fonseca, CEO of Xcath Robotics Inc., reckons that within a decade the company’s Iris Surgical Robotic System could be in widespread use.
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Scissors cutting stack of $100 bills

Medtronic cuts earnings guidance on Minimed factors

March 26, 2026
By Shani Alexander
No Comments
Medtronic plc has lowered its fiscal year 2026 earnings per share (EPS) guidance by 12 cents on the back of factors relating to its diabetes subsidiary, Minimed Group Inc., which recently completed its IPO.
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Minimed Flex system

Minimed secures FDA nod for next-gen insulin pump

March 19, 2026
By Shani Alexander
No Comments
Minimed Group Inc. secured U.S. FDA approval for Minimed Flex, its next-generation discreet, smartphone-controlled insulin pump. The nod from the FDA follows the company’s debut on Nasdaq March 6. About half the size of the Minimed 780G pump and roughly the size of two stacked insulin vials, the screenless pump was designed in collaboration with people living with diabetes to offer a more intuitive, lifestyle‑friendly way to manage the condition.
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Hand pointing at digital M&A screen

Medtronic continues M&A momentum with $550M Scientia Vascular buy

March 10, 2026
By Shani Alexander
No Comments
Medtronic plc has agreed to buy Scientia Vascular Inc. for $550 million, as it makes good on its promise to embark on more strategic acquisitions this year. The acquisition will bolster its neurovascular business as it adds a portfolio of guidewires and catheters, which uses Scientia’s microfabrication technology to simplify complex neurovascular procedures.
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Businessman and IPO virtual screen

Minimed IPO raises $560M as it splits from Medtronic

March 6, 2026
By Karen Carey
No Comments
Pricing shares at $20 each, below the intended price range, insulin delivery company Minimed Group Inc. debuted with an IPO on Nasdaq March 6, raising $560 million. The company offered a total of 28 million shares, which would have brought the Northridge, Calif.-based company $742 million in gross proceeds if the IPO had priced at the midpoint of the $25-to-$28 price range disclosed in February.
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Abbott Laboratories Aveir VR leadless pacemaker system

NICE recommends leadless pacemakers to treat slow heart rhythms

March 2, 2026
By Shani Alexander
No Comments
The U.K.’s National Institute for Health and Care Excellence (NICE) recommendation that leadless cardiac pacemakers be used as the standard of care for people with slow heart rhythms (bradyarrhythmias) is a boon for more than 2 million individuals living with the condition. The use of the technology will transform patients’ quality of life, reduce rates of infections and lower costs for the health care system.
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IPO, coins, financial chart

Medtronic’s diabetes unit Minimed seeks $784M in IPO

Feb. 24, 2026
By Shani Alexander
No Comments
Minimed Group Inc., Medtronic plc’s diabetes business, is looking to raise up to $784 million in its IPO. Medronic last May revealed plans to spin off the unit as an independent public company and expected to complete the separation within 18 months.
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Medtronic Hugo platform

Medtronic sees first cases with Hugo robotic platform

Feb. 19, 2026
By Shani Alexander
No Comments
Medtronic plc this week reported that the first commercial surgical cases using its Hugo robotic-assisted surgery system have been completed in the U.S. Hugo is expected to be a key growth driver for the company, especially with opportunities in the underpenetrated U.S. soft tissue surgical robotics market. The company also posted third-quarter fiscal year 2026 organic revenues of $9.02 billion, up 6% year‑on‑year.
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Medtronic to pay Applied Medical $382M in antitrust ruling

Feb. 6, 2026
By Shani Alexander
No Comments
A jury in a U.S. District Court unanimously found that Medtronic plc violated federal and state antitrust laws relating to its blood sealing surgical devices and must pay $382 million in damages to Applied Medical Resources Corp.
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Cathworks Ffrangio system

Medtronic to acquire Cathworks for $585M

Feb. 3, 2026
By Shani Alexander
No Comments
Medtronic plc is continuing to put its money where its mouth is as it plans to exercise its option to acquire Cathworks Ltd. for up to $585 million. The company said last month it was committed to expanding its pipeline through strategic investments and targeted acquisitions. The move for Cathworks comes on the heels of Medtronic’s $90 million investment in Anteris Technologies Global Corp.
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More Articles Tagged with 'Medtronic plc'

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