Home Health Tech Medtronic to Acquire Scientia Vascular in $550 Million Deal
Health TechIndustry

Medtronic to Acquire Scientia Vascular in $550 Million Deal

Share
Share

Medtronic announced a definitive agreement to acquire Scientia Vascular for $550 million, subject to customary adjustments and potential milestone payments. The deal is expected to close in the first half of fiscal year 2027 pending regulatory approvals.

Scientia Vascular, based in Salt Lake City with about 310 employees, develops guidewires and catheters used in neurovascular procedures. These technologies are designed to help physicians navigate complex cerebral blood vessels and reach treatment areas more efficiently.

The acquisition will complement Medtronic’s neurovascular portfolio by integrating Scientia’s access technologies with its existing therapeutic devices. This combination is intended to support procedures for conditions such as ischemic stroke and hemorrhagic stroke.

Stroke remains one of the leading causes of death and disability globally. Improved access tools can help physicians perform procedures more efficiently and support faster treatment delivery in time critical cases.

Share
Written by
Raunak Yadav

Tech and AI enthusiast with a strong eye for clear and engaging content!

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Karthik Jagadish Appointed as Global Executive Director – Enterprise Platforms at AstraZeneca

Karthik Jagadish has been appointed Global Executive Director – Enterprise Platforms at...

GE HealthCare Highlights AI and Cloud Solutions at HIMSS 2026

GE HealthCare will showcase its AI powered and cloud first healthcare technologies...

Cijo George appointed as VP and Head of AI at Practo

Cijo George has been appointed VP and Head of AI at Practo....

GE HealthCare and UCSF Health Announce 10 Year Care Alliance

GE HealthCare and UCSF Health have entered a 10 year Care Alliance...