Monday, August 31, 2015

Medina Medical Acquired By Medtronic

Menlo Park-based Medina Medical, a medical device company looking to train cerebral aneurysms and other brain injury, has been acquired by Medtronic plc. Medtronic said it would pay $150M plus additional payments based on key milestones. Medtronic was already an investor in Medina Medical. Medina Medical's devices are used to treat hemorrhagic stroke.