other material
confidence high
sentiment positive
materiality 0.75
Medtronic makes $90M strategic investment in Anteris; combined $320M capital raise
Anteris Technologies Global Corp.
- Medtronic invested $90M in Anteris via stock purchase; Anteris also completed an underwritten common stock offering for total gross proceeds of $320M.
- Proceeds to fund global pivotal PARADIGM trial and global commercialization of DurAVR THV (transcatheter heart valve).
- PARADIGM trial is a randomized controlled trial of ~1000 patients comparing DurAVR THV to commercially available TAVRs; enrollment started Q4 2025.
- Medtronic and Anteris may expand collaboration into other strategic areas; Medtronic joins Anteris' stockholder community.