Acutus Medical Said On February 2 Biotronik Sent A Notice Of Rescission And Termination To Company; Biotronik Rescinds And Terminates Bi-lateral Distribution Agreements
Portfolio Pulse from Charles Gross
Acutus Medical received a notice from Biotronik on February 2, rescinding and terminating their bi-lateral distribution agreements, as reported in an 8-K filing.
February 08, 2024 | 9:39 pm
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Acutus Medical's distribution agreements with Biotronik have been terminated, potentially impacting its distribution network and revenue.
The termination of the distribution agreements with Biotronik could lead to a significant impact on Acutus Medical's ability to distribute its products, potentially affecting its revenue and growth prospects in the short term. This news is directly related to AFIB and is critical for investors as it could influence the company's future earnings and market position.
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