Medtronic invested in Orchestra BioMed's clinical programs and provided private placement funding, while Ligand also invested in the company.
3 reports, 1 independent
Updated Aug 5
Gone quiet
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
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What happened
Medtronic invested in Orchestra BioMed's clinical programs and provided private placement funding, while Ligand also invested in the company.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Corporate activity in the medical device sector in August 2025 included M&A activity (Stryker/Inari Medical, ZimVie/Archimed), competition between Medtronic and Intuitive Surgical, and the impact of Trump administration tariffs and FDA reviews.Also in this story
- FDA approved Medtronic's Hugo robotic system for urological procedures, marking a major competitive shift in the medical device sector.
- Market sentiment regarding growth rates turned disappointing for companies like Profound Medical on August 1, 2025.
- Medtronic is developing a robotic-assisted surgery system that needs regulatory approval in the US, amidst aggressive trade policy threats.
- Intuitive Surgical invested in Apreo Health, whose device competes with Zephyr Valve, which was previously approved by the FDA.
The entities involved
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Medtronic plc
medical device company
Related events
Coverage
Newest first; wire copies grouped- GlobeNewswireOrchestra BioMed Secures Over $111 Million in Proceeds and Committed Capital Following Completion of Strategic Transactions and Concurrent Public and Private Equity Offerings $56.2 million in proceed
- GlobeNewswireLigand and Medtronic Commit $70 Million in Strategic Capital to Orchestra BioMed • Ligand to invest $35 million in exchange for a tiered royalty on future sales of Orchestra’s AVIM therapy and Virtue
- Unknown outlet