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Medtronic Cyber Breach Meets Cardiac Breakthroughs And Pressured Share Price

Medtronic Cyber Breach Meets Cardiac Breakthroughs And Pressured Share Price

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  • Medtronic (NYSE:MDT) reported a cybersecurity incident involving unauthorized access to certain IT systems, with no impact disclosed on patient safety, manufacturing, or core operations.

  • The company indicated it does not expect a material financial effect from the breach, while continuing to review potential risks to patient and health data.

  • In parallel, Medtronic secured FDA Breakthrough Device Designation for its Sphere-9 catheter in ventricular tachycardia and presented positive six month feasibility results at a major medical conference.

  • A new multinational trial has started to test the Sphere-9 platform…

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