Medtronic partners on Layer 7 BCI integration and gains FDA 510(k) for MiniMed Go™
Medtronic and Precision Neuroscience will co-develop an integrated neurosurgical solution combining Precision’s Layer 7 cortical interface with Medtronic’s StealthStation for real-time functional brain mapping. Medtronic secured FDA 510(k) clearance for its MiniMed Go™ Smart MDI system integrating the InPen pen with Abbott’s Instinct sensor for U.S. launch this spring.
1. Medtronic Boasts Substantial Acquisition War Chest
At the JP Morgan Healthcare Conference in San Francisco, Medtronic executives confirmed the company holds over $10 billion in available liquidity and an undrawn $5 billion revolving credit facility, positioning it to pursue multiple acquisitions over the next 12–18 months. Senior management emphasized that this financial flexibility comes after reducing net debt by $2.4 billion year-over-year and generating $4.1 billion in free cash flow during fiscal 2025. The company is targeting bolt-on deals in its Cardiovascular and Neuroscience businesses, where it sees opportunities to integrate complementary technologies and expand geographic reach in emerging markets.
2. Partnership to Integrate Layer 7 BCI with StealthStation Navigation
Medtronic has entered a strategic collaboration with Precision Neuroscience to co-develop an integrated neurosurgical platform combining Precision’s Layer 7 cortical interface and Medtronic’s StealthStation surgical navigation system. The joint solution will deliver real-time functional mapping alongside high-resolution 3D structural imaging, addressing an unmet need in intraoperative decision-making. The companies plan to initiate a European pilot study involving 30 clinical sites in Q4 2026 and aim for a commercial launch in major markets by late 2028, leveraging Medtronic’s established Cranial & Spinal Technologies sales infrastructure.
3. FDA Clears MiniMed Go™ Smart MDI System
Medtronic’s Diabetes unit received FDA 510(k) clearance for the MiniMed Go™ Smart Multiple Daily Injection system, which integrates the InPen™ smart insulin pen with Abbott’s Instinct continuous glucose sensor through the new MiniMed Go™ mobile app. Clinical data from 1,852 type 1 diabetes users showed Time in Range improvements from 55.7% to 67.2% when users responded to over 75% of missed-dose alerts within one hour. The system is cleared for children aged 2–6 under caregiver supervision and for individuals aged 7 and above, with commercial rollout planned in the U.S. this spring and evaluation of additional sensor compatibility under regulatory review.