FTC Tells Medtronic To Sell Intersect ENT Subsidiary To Avoid Monopoly

The move removes all regulatory roadblocks to Medtronic’s $1.1bn acquisition of Intersect ENT, which was announced in August 2021.

FTC building, Washinton, DC / USA - April 22 2019: The north facade of the Federal Trade Commission building with carved sculpture above an enterence.
• Source: Shutterstock

[Editor's Note: On 30 June, the US Federal Trade Commission approved a final orderresolving the antitrust issues raised in Medtronic's acquisition of Intersect. Hemostasis closed the acquisition of Fiagon on 13 May.]

Medtronic plc has agreed to sell Fiagon AG, a subsidiary of Intersect ENT that makes ear, nose,...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Medtech Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Regulation

More from Policy & Regulation