Acutus Medical Announces Strategic Realignment of Resources and Corporate Restructuring – Acutus Medical – Benzinga

CARLSBAD, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) — Acutus Medical, Inc. (“Acutus” or the “Company”) AFIB, today announced a realignment of resources and corporate restructuring.

Scott Huennekens, Chairman of Acutus, commented, “Following an extensive strategic review by the Company’s Board of Directors, we are taking the hard but necessary steps to streamline our operations. In light of the current financing environment and the capital investments required to achieve leadership in the electrophysiology (EP) market, we have concluded that the optimal use of the Company’s resources is to reallocate capital from our mapping and ablation business to the manufacturing of left-heart access pr…

Read the full article at: https://www.benzinga.com/pressreleases/23/11/g35684128/acutus-medical-announces-strategic-realignment-of-resources-and-corporate-restructuring