Tag: medtronic

4 articles

Market Moves

Medtronic to acquire SPR Therapeutics for $650 million as top-three neuromodulation incumbents consolidate the peripheral nerve stim category

Medtronic announced on 20 May 2026 its intent to acquire SPR Therapeutics, the maker of the Sprint percutaneous peripheral nerve stimulation system, for approximately $650 million in upfront cash. The deal is the second top-three neuromodulation acquisition of a PNS specialist in seven months, after Boston Scientific completed its $533 million purchase of Nalu Medical in January 2026.

May 21

Industry News

UChicago Medicine joins Precision Neuroscience's clinical research network with Layer 7 sensorimotor partnership

Precision Neuroscience and UChicago Medicine announced on April 30 the launch of a clinical research partnership focused on AI-driven sensorimotor function and neuroprosthetics. The collaboration uses Precision's Layer 7 Cortical Interface, the FDA 510(k)-cleared high-density microelectrode array, and is the second material Precision institutional move of 2026, following the company's January integration with Medtronic's StealthStation surgical navigation system.

Apr 30

Industry News

Orchestra BioMed and Medtronic move pacemaker-delivered hypertension therapy toward pivotal readout

MODERATO II data presented at Heart Rhythm 2026 shows AVIM Therapy — bioelectronic blood pressure control delivered through a standard dual-chamber pacemaker — produced an 8.1 mmHg net reduction in 24-hour ambulatory systolic BP at six months, with the Medtronic-partnered BACKBEAT pivotal trial now actively enrolling under an FDA-amended protocol.

Apr 27

Research

Precision Neuroscience's Layer 7 Decodes Speech and Movement in First Peer-Reviewed Intraoperative Study

A Johns Hopkins team reports 77.5% speech classification and 78–84% motor decoding accuracy using Precision's 1,024-channel thin-film cortical array during awake brain surgery in four patients.

Apr 8

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