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Medtronic completes $585M acquisition of CathWorks to advance coronary artery disease diagnosis with AI tech

Company Fundamentals
20 Apr 2026
PRNewsWire
View Source
Bullish
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Medtronic has finalized its $585 million acquisition of CathWorks, a medical device firm specializing in AI-powered, drug-free coronary artery disease diagnosis technology. CathWorks' FFRangio System offers comprehensive, wire-free physiological assessment from routine angiograms, improving on traditional invasive methods. This acquisition enhances Medtronic's cardiovascular portfolio and aims to expand global access to innovative diagnostic tools, potentially improving patient outcomes and procedural efficiency. The deal follows positive clinical trial results and aligns with Medtronic's strategy to lead digital transformation in cardiovascular care.

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