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Acutus Medical ( (AFIB) ) just unveiled an update.
Biotronik SE & Co. KG and VascoMed GmbH settled their arbitration with Acutus Medical, Inc., ending disputes over breaches in agreements related to medical devices. The settlement requires Acutus to make an initial payment of $2.6 million and additional contingent payments depending on future financial events. This resolution brings closure to the contractual disagreements and releases both parties from further claims.
For an in-depth examination of AFIB stock, go to TipRanks’ Stock Analysis page.