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The Lithuania-based robotic surgery company is advancing a remote stroke system that was accepted into the FDA’s total product life cycle advisory program earlier this year.

William Berry Jr. will retire in September, with Corporate Controller Emily Baculik stepping into the role.

The company could secure a higher price for the new test than for its older, narrower product, Wall Street analysts said.

Medtronic would gain a treatment for chronic pain management in its third major acquisition this year.

Analyses presented at EuroPCR assessed Medtronic’s Symplicity blood pressure procedure in patient groups with severe hypertension and who had prior cardiovascular events.