Acutus Medical (Nasdaq:AFIB) announced today that it will lay off 65% of its workforce as part of a major restructuring.
The Carlsbad, Californiabased companys most recent annual report lists 225 workers at the end of 2022, which means the layoff could involve roughly 146 workers.
Restructuring will involve winding down Acutus Medicals EP mapping and ablation business, including the AcQMap mapping system, the AcQMap 3D mapping catheter, the AcQBlate force-sensing ablation catheter, the AcGuide Max 2.0 steerable sheath, and associated accessories. (The company said it will support AcQMap procedures with a small group of therapy managers through Nov. 30.)
Acutus Medicals main remaining focus will be the manufacturing of left-heart acces…
Read the full article at: https://www.massdevice.com/acutus-medical-is-laying-off-more-than-half-of-its-workers/