Acutus Medical Achieves Medtronic OEM Qualification Milestone

(24/7 MARKET NEWS) – Acutus Medical, Inc. (NASDAQ: AFIB) announced, this morning, that it achieved the first milestone under the asset purchase agreement of its left-heart access portfolio with Medtronic, which triggers a $20 million earnout payment from Medtronic and allows Acutus to become an original equipment manufacturer (OEM) for Medtronic.

Regis is at $$0.8621, up $0.162 (+23.14%), on nearly 3 million pemarket shares traded.

Its premarket high this morning is $1.04 and its 52-week range is $0.48 to $8.46. its next key inflection points are $0.92, $1.04, and $1.22.

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