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Synaptive Medical enters bankruptcy protection

Summary by canhealth.com
TORONTO – Synaptive Medical Inc., a Toronto-based medical device and technology company specializing in neuroimaging and precision intervention, obtained protection under the Companies’ Creditors Arrangement Act (CCAA) on March 19, 2025. The company reported secured debt totalling approximately US$104 million, including around $54.8 million owed to senior secured creditor Export Development Canada (EDC). The company has faced significant financi…
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canhealth.com broke the news in on Wednesday, April 2, 2025.
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