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Boston Scientific

42°21′37.3″N 71°33′32.6″W / 42.360361°N 71.559056°W / 42.360361; -71.559056 Boston Scientific Corporation ("BSC"), headquartered in Watertown, Massachusetts and incorporated in Delaware,[2] is a biomedical/biotechnology engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology. Boston Scientific is widely known for the development of the Taxus Stent, a drug-eluting stent which is used to open clogged arteries.[3] With the full acquisition of Cameron Health in June 2012, the company also became notable for offering a minimally invasive implantable cardioverter-defibrillator (ICD) which they call the EMBLEM subcutaneous implantable defibrillator (S-ICD).[4][5]

Boston Scientific Corporation
Company typePublic
ISINUS1011371077
IndustryMedical device
FoundedJune 29, 1979; 44 years ago (1979-06-29) in Watertown, Massachusetts
Founders
HeadquartersMarlborough, Massachusetts, U.S.
Key people
Revenue US$14.24 billion (2023)[1]
US$2.343 billion (2023)[1]
US$1.592 billion (2023)[1]
Total assets US$35.14 billion (2023)[1]
Total equity US$19.28 billion (2023)[1]
Number of employees
c. 48,000[1] (2023)
Websitebostonscientific.com

History edit

Boston Scientific was formed June 29, 1979, in Watertown, Massachusetts, as a holding company for the medical products company, Medi-Tech, Inc., and to position the company for growth in interventional medicine.[6] Medi-Tech was the brainchild of Itzhak Bentov, a Czech-born emigré to Israel and then to the United States, who worked at the Arthur D. Little think tank in Cambridge, Massachusetts, and ran a contract research company from his rented house in Belmont, Massachusetts, a venture he founded in 1965 with a business friend, Dan Singer. In 1967 he was asked by Boston Beth Israel Hospital radiologists to design a steerable, remotely controlled catheter; a series of engineering designs, polymer improvements and prototypes led to the release of a new steerable angiography catheter in 1969. That year John Abele joined the small company with an option to buy, and a year later he exercised his option with Cooper Labs as a business partner, and the operation was moved – out of Bentov's lab in the basement of the rectory of a Catholic church[7] in Belmont – to Watertown. After a decade of steady growth, by chance Abele met Pete Nicholas in their neighborhood in Concord, Massachusetts. Their partnership hinged on Nicholas' goal to build business enterprises and Abele's predilection for the vision and potential in noninvasive surgical instrumentation; they gathered backers in the Boston banking community to buy out the Cooper Labs interest and form the new corporation.

Less than a year later Kimray Medical Associates (later Mansfield Scientific, Inc.) was acquired, adding vena cava filters and cardiac output computers to the product line. By 1982 a renovated mill building in Watertown was transformed into a manufacturing plant. Acquisitions continued, with Endo-Tech (Microvasive, Inc.: gastrointestinal and pulmonary) in 1981 and then Van-Tec (urology) in 1988, and an international presence was expanded. Mansfield Scientific, Microvasive, and Medi-Tech merged into Boston Scientific December 31, 1988.[8]

Initial public offering (1992) edit

On May 19, 1992, Boston Scientific launched an initial public offering of 23.5 million shares, of which 18.8 million were offered in the U.S. and 4.7 million were offered outside the U.S. The initial offering amounted to 23% of Boston Scientific's outstanding stock. The opening price was $17 per share.[6] Goldman, Sachs & Co. (lead) and PaineWebber Inc. were the underwriters and Abbott Laboratories held a 20% stake (23.5 million shares). The market capitalization was about $1.6 billion.[9][a] The U.S. shares were listed on the New York Stock Exchange.

Post–IPO edit

 
TAXUS™ Express2 Paclitaxel-Eluting Coronary Stent

From 1995 through 1997, Boston Scientific increased its technology R&D and product offerings following several substantial acquisitions that included Cardiovascular Imaging Systems (intravascular ultrasound), SCIMED (cardiovascular), Vesica Medical (urology), Meadox (textile vascular prostheses), EP Technologies (cardiac ablation controllers),[12] MinTec (abdominal aortic aneurysm grafts), Symbiosis Corporation (specialty medical product manufacture), and Target Therapeutics (on neurology).[13] Boston Scientific acquired Target Therapeutics in a tax-free stock swap for about $1.1 billion, more than 10 times Target's earnings, in contrast to the usual multiple of 10 times earnings.[14]

The Taxus Stent was approved in 2003 in Europe and other countries and, in the United States, by the FDA in March 2004. It was the second drug-eluting stent approved in the United States.[3]

In April 2004 the company announced that it had exercised an exclusive option to acquire Precision Vascular Systems, Inc., as part of a series of agreements between Boston Scientific and Precision Vascular in 2002 – for an undisclosed sum.[15] In June Boston acquired Advanced Bionics Corporation for $740 million in cash, plus earn out payments.[16] In December Boston completed its acquisition of Advanced Stent Technologies, Inc., for $120 million payable in Boston Scientific stock, plus the possibility of future contingent payments. AST had been developing stent and stent delivery systems specifically designed to address the anatomical needs of coronary artery disease in bifurcated vessels.[17]

In April 2005, Boston exercised an exclusive option to acquire TriVascular, Inc., for an undisclosed sum and renamed it as Boston Scientific Santa Rosa Corporation, or BSSR. TriVascular was founded in January 1998 to develop less-invasive medical devices and procedures for treating abdominal aortic aneurysms, but BSC discontinued its endovascular aortic repair (EVAR) program in 2006.[18][19] Also, in April 2005, BSC announced it had exercised its option to acquire CryoVascular Systems, Inc., and its proprietary angioplasty device to treat atherosclerotic disease of the legs and other peripheral arteries.[20] In June Boston Scientific announced that its wholly owned subsidiary, Nemo I Acquisition, Inc., had successfully acquired Salt Lake City-based Rubicon Medical Corporation, with Rubicon became a wholly owned subsidiary of Boston Scientific.[21]

In March 2008, BSC sold BSSR to TV2 Holding Company of Santa Rosa. Terms of the sale include $30 million in cash paid at the closing to BSC and a warrant allowing BSC to purchase a minority interest in TV2.[22][19]

Guidant merger edit

In January 2006, the company announced an offer for its longtime competitor, Guidant, for $72 per share or $25 billion.[23] The offer, however, was rejected. On April 21, 2006, BSC acquired Guidant for $27.2 billion. Guidant was split between BSC and Abbott Laboratories.[24][25] Four years later, in 2010, when moving its heart-rhythm business from its acquisition of Guidant, Boston Scientific eliminated 1300 jobs.[26]

Post-merger edit

In December 2007, Boston Scientific announced it would sell its Fluid Management and Venous Access businesses for $425 million to Avista Capital Partners.[27]

In April 2008, the company acquired CryoCor, Inc., for $1.35 per share, $17.6 million in total.[28][29] Navilyst Medical was formed in February 2008 from Boston Scientific's Fluid Management and Vascular Access business units.[30]

In January 2009, Boston announced it would acquire Labcoat Limited, whose primary development was that of a development-stage drug-eluting stent – for an undisclosed sum.[31]

In October 2010, the company was fined $600,000 by the US Department of Justice for paying a US Army doctor to use their devices and recommend them to others.[32] In the same month Boston Scientific acquired Asthmatx, Inc., for $193.5 million, with payments of up to $250 million being paid on the achievement of specified revenue-based criteria through 2019.[33]

In January 2011, Boston acquired Atritech, Inc., for $100 million plus additional potential payments of up to $275 million.[34] Atritech developed a novel device called the Watchman® designed to close the left atrial appendage in patients with atrial fibrillation who are at risk for ischemic stroke.[35] In the same month, Boston Scientific acquired Intelect Medical, Inc., for $78 million[36] and the remaining 86% of Sadra Medical, Inc., not already owned for $193 million plus contingent payments.[37] At the same time, the business divested its neurovascular business to Stryker Corporation for $1.5 billion.[38]

In June 2012, Boston Scientific officially acquired Cameron Health for a total sum of $1.3 billion, paid out incrementally as various revenue milestones were achieved.[4] In September the company announced it would acquire BridgePoint Medical, Inc., developer of a catheter-based system to treat coronary chronic total occlusions.[39] In October, the company acquired Rhythmia Medical, Inc., developer of mapping and navigation methods for use in cardiac catheter ablations and other electrophysiology procedures.[40] A month later the business acquired catheter-based renal denervation system developer, Vessix Vascular, Inc.[41]

In November 2013, Boston announced it would acquire Bard EP, the electrophysiology business of C.R. Bard, Inc.,[42] for $275 million.[43]

In May 2014, Boston acquired hysteroscopic intrauterine tissue removal specialist, IoGyn, Inc.[44] In September, the business announced it would acquire the Interventional business of Bayer.[45]

In March 2015, the company announced it would acquire Endo International Plc's American Medical Systems urology business for at least $1.6 billion, expanding the company's health and prostate treatments.[46] In April, Boston announced its intention to acquire Xlumena, Inc.[47] In October Boston announced it had invested further in percutaneous mitral valve replacement system developer, MValve Technologies, gaining a right to acquire the business in the future.[48]

As of 2016, it operates in more than 100 countries, employs more than 24,000 people, and manufactures around 13,000 diverse products.[49] In July 2016 the business acquired the manufacturer of radiofrequency ablation systems, Cosman Medical, Inc.[50] In September, Boston announced it had acquired EndoChoice Holdings, Inc., becoming part of the Boston Scientific Endoscopy business for $8.00 per share or $210 million in total.[51][52] In November the company acquired the gynecology and urology portfolio of Distal Access, LLC, a company that designs minimally invasive medical devices.[53] In December 2016, the business acquired a 15% stake in Neovasc, Inc., for $75 million.[54]

In May 2017, the company acquired Symetis SA, a developer of minimally invasive transcatheter aortic valve implantation devices.[55] In October Boston acquired Apama Medical Inc. for up to $300 million.[56]

In April 2018, Boston Scientific announced the triple closure of its acquisitions of women's health company, nVision Medical Corporation,[57] NxThera[58] and Securus Medical Group, Inc., for up to $50 million.[59] In July, Boston Scientific announced it would acquire Cryterion Medical, Inc,[60] Veniti, Inc.,[61] in August Augmenix, Inc., and Claret Medical, Inc.[62] and in October[63] In late November Boston announce they would acquire UK medical device maker, BTG plc, for $4.2 billion.[64] BTG, before being acquired, was publicly traded and a constituent of the FTSE 250 Index. In late December, the company announced it would acquire Millipede, Inc for $325 million – after previously investing $90 million in the company.[65]

In May 2019, the company announced it would acquire Vertiflex, Inc., with the aim of increasing its interventional pain therapy offerings. Vertiflex principally developed treatment for lumbar spinal stenosis.[66]

In January 2021, Boston announced it would acquire Minneapolis-based Preventice Solutions, Inc., and its portfolio of mobile cardiac health solutions for up to $1.2 billion.[67] In March, the business announced it would acquire Lumenis Ltd. for $1 billion from an affiliate of Baring Private Equity Asia,[68] who, in 2019, had acquired it from XIO Group.[69] In June, the company announced it would acquire the 73% of Farapulse, Inc., it did not already own, for $295 million. Farapulse was a University of Iowa startup. The deal complimented Boston Scientific's existing electrophysiology portfolio.[70] In September, the business announced it would acquire Devoro Medical, Inc., and its blood clot capturing technology.[71] Boston Scientific had been a strategic investor in Devoro since 2019. In October, the company announced it would acquire Baylis Medical Company Inc. for $1.75 billion, expanding its electrophysiology and heart product portfolios (see Frank Baylis).[72][73]

In June 2022, the business announced it would acquire M.I.Tech Co., Ltd., of South Korea, for around $230 million.[74] The deal was cancelled in May 2023 citing regulatory hurdles.[75] In August, Boston announced it would acquire Obsidio, Inc.[76]

In September 2023, Boston Scientific acquired Relievant Medsystems, Inc. for an upfront cash payment of $850 million and undisclosed additional contingent payments based on sales performance over the next three years.[77]

In January 2024, the company announced it would acquire Axonics, Inc. for $3.7 billion.[78]

Boston Scientific mergers & acquisitions
  • Boston Scientific
    • Precision Vascular Systems, Inc. (Acq 2004)
    • Advanced Bionics Corporation (Acq 2004)
    • Advanced Stent Technologies, Inc. (Acq 2004)
    • TriVascular, Inc. (Acq 2005)
    • CryoVascular Systems, Inc. (Acq 2005)
    • Nemo I Acquisition, Inc.
      • Rubicon Medical Corporation (Acq 2005)
    • Guidant (Acq 2006 and split between Boston and Abbott Laboratories)
    • CryoCor, Inc. (Acq 2008)
    • Labcoat Limited (Acq 2009)
    • Asthmatx, Inc. (Acq 2010)
    • Atritech, Inc. (Acq 2011)
    • Intelect Medical, Inc. (Acq 2011)
    • Sadra Medical, Inc. (Acq 2011)
    • Cameron Health (Acq 2012)
    • BridgePoint Medical, Inc. (Acq 2012)
    • Rhythmia Medical, Inc. (Acq 2012)
    • Vessix Vascular, Inc. (Acq 2012)
    • Bard EP (Acq 2013)
    • IoGyn, Inc. (Acq 2014)
    • Bayer (Interventional business, Acq 2014)
    • Endo International (Urology business, Acq 2015)
    • Xlumena, Inc. (Acq 2015)
    • Cosman Medical, Inc. (Acq 2016)
    • EndoChoice Holdings, Inc. (Acq 2016)
    • Distal Access, LLC (Gynecology and Urology business, Acq 2016)
    • Symetis SA (Acq 2017)
    • Apama Medical Inc. (Acq 2017)
    • nVision Medical Corporation (Acq 2018)
    • NxThera (Acq 2018)
    • Securus Medical Group, Inc. (Acq 2018)
    • Cryterion Medical, Inc. (Acq 2018)
    • Veniti, Inc. (Acq 2018)
    • Augmenix, Inc. (Acq 2018)
    • Claret Medical, Inc. (Acq 2018)
    • BTG plc (Acq 2018)
    • Millipede, Inc. (Acq 2018)
    • Vertiflex, Inc. (Acq 2019)
    • Preventice Solutions, Inc. (Acq 2021)
    • Lumenis Ltd (Acq 2021)
    • Farapulse, Inc (Acq 2021)
    • Devoro Medical, Inc. (Acq 2021)
    • Baylis Medical Company Inc (Acq 2021)
    • Obsidio (Acq 2022)
    • Relievant Medsystems, Inc. (Acq 2023)
    • Apollo Endosurgery, Inc (Acq 2023)
    • Axonics, Inc. (Acq pending)

Organizational culture edit

BSC has been assessed favorably by its employees. In Glassdoor annual Best Places to Work – Employee's Choice Survey, BSC earned scores of:

  • 2018: #35 (of 100). 4.4 stars (of 5).[79]
  • 2019: #56 (of 100). 4.3 stars (of 5).[80]
  • 2022: #52 (of 100). 4.3 stars (of 5).[81]

The feedback for this survey is given by current and former employees. As of 2018, BSC had 43% women among its employees, 38% among management positions, and 23% among corporate top management positions (data for US workforce, as of 2018).[82]

Social commitment edit

Boston Scientific has set a standard for implementing an integrative organizational culture and states that it actively strives to further improve this by, among other things, increasing diversity among its employees – and in particular, among its managers, executives, and directors. To this end, the company has set itself the following goals in 2018:[83][84]

  • Leadership role by belonging to the top 10 companies in the integration of employees of the following groups: women, people of color, disabled persons and members of the LGBTQ community.
  • Increase the proportion of people of color with supervisor or managerial functions to 20% in the USA including Puerto Rico (end of 2018: 19.6%, +1.8% compared to 2017).
  • Increase the proportion of women in supervisor or managerial positions to 40% worldwide (end of 2018: 38.4%, +1.0% against 2017).

Success for these objectives has been chronicled and ranked by publications and organizations, including:

  • Forbes added the company in 2019 to its list of Best Employers For Diversity for its efforts to foster a corporate culture that welcomes and supports all employees. That year, BSC ranked 85th out of 500 companies.[85] Forbes included BSC in its 2021 and 2022 lists as well – ranking it 6th in 2021 and 171st in 2022, out of 500 for both years.[86][87]
  • Bloomberg recognized BSC for its inclusion in the Gender-Equality Index in 2019, which includes companies that publicly demonstrate their commitment to equality and the advancement of women in the workplace. The index lists a total of 230 companies from ten economic sectors and 36 countries and regions.[88]
  • The US magazine Working Mother, in 2017, listed BSC, for the first time, along with 9 other companies, as one of the "100 Best Companies for Working Mothers."[89] The publication, again, listed BSC in 2018, 2019, and 2020.[90]
  • The Human Rights Campaign ("HRC") named BSC as a Best Place to Work for LGBTQ Equality in its 2019 edition of the eponymous list. HRC has given BSC a ranking of 100 (of 100) every year from 2015 through 2022 in its annual CEI Index (Corporate Equality Index) rankings of Fortune 1000 companies.[91]
  • The journal, US Black Engineer & Information Technology (USBE & IT), in its "2021 Top Supporters of HBCU Engineering," ranked BSC No. 6 among the "Top 20 Industry Supporters."[92]

Litigation edit

Johnson & Johnson patent litigation edit

Beginning in 2003, Boston Scientific and Johnson & Johnson were involved in a series of litigations involving patents covering heart stent medical devices. Both parties claimed that the other had infringed upon their patents. The litigation was settled once Boston Scientific agreed to pay $716 million to Johnson & Johnson in September 2009 and an additional $1.73 billion in February 2010.[93]

It was announced in November 2014 that Johnson & Johnson would have another chance for payback after a multibillion-dollar trial was set for November 20, 2014. A New York federal court judge would hear the case without a jury to decide whether Boston Scientific should be held liable for the contract breach.[94]

Transvaginal mesh edit

Boston Scientific is one of several manufacturers of a medical device called transvaginal mesh, a type of surgical mesh used to treat pelvic organ prolapse. Experts concluded that the medical company had used cheap, counterfeit resin, which was both toxic and degraded when exposed to oxygen.[95][96] When this was announced on 60 Minutes, Boston Scientific responded by saying the broadcast was "irresponsible and misleading,"[97] citing a 2017 Food and Drug Administration (FDA) report stating that although they found variability in the polypropylene resin, "these differences do not present new safety or effectiveness concerns."[98] One woman, who sued in 2011, was awarded $100 million. Two operations had failed to remove all the parts of the mesh and she was still in pain. The company appealed the decision and had the amount reduced to $10M.[99] In 2015, Boston Scientific announced it would pay $119 million to 2,970 lawsuit plaintiffs, who had been injured by the mesh.[100] On March 23, 2021, the company agreed to pay $189 million to settle allegations that it had seriously misrepresented the risks related to the vaginal mesh.[101] As of Jan. 27, 2021, around 54,000 lawsuits related to transvaginal meshes had been filed against Boston Scientific.[102]

In April 2019, the FDA ordered Boston Scientific and Coloplast to remove all of their vaginal mesh products from the United States market.[101]

In 2020, Johnson & Johnson was required to pay $344 million for failing to disclose the serious product risks of its transvaginal mesh product.[101]

NIR stent edit

In 2005, Boston Scientific paid $74 million to settle allegations that it had continued to sell NIR stents (flexible stents) after learning that many of them were defective. Twenty-six injuries and one death may have been caused by malfunctioning stents.[103]

Defective defibrillators edit

 
Guidant Vitalilty™ AVT™ implantable cardioverter-defibrillator – Model A135 (the model illustrated was not the subject of the charge)

In 2011, Guidant, a subsidiary of Boston Scientific, was criminally convicted of a failure to report defibrillator safety problems to the FDA.[104] The company was forced to pay more than $296 million in criminal fines and had to submit to the supervision of the U.S. Probation Office for three years. Even though Guidant knew the devices were defective, they continued to sell the defibrillators anyway.[105] Guidant LLC had also advised its sales representatives to tell physicians that nothing was wrong with the defibrillators, and told the FDA that the proposed corrections were not being done to correct life-threatening device flaws, but were rather to improve process throughout. Not until three deaths had occurred and ten months had passed did the company reveal the defects in 2005. The directives for these wrongdoings had been implemented prior to Boston Scientific’s acquisition of Guidant in 2006.[106]

In 2013, BSC and three of its subsidiaries – Guidant LLC, Guidant Sales LLC, and Cardiac Pacemakers, Inc. – agreed to pay $30 million to settle allegations that, according to the Justice Department, between 2002 and 2005, Guidant knowingly sold defective heart devices to health care facilities that in turn implanted the devices into Medicare patients.[107][108]

Bribery allegations edit

 
Boston Scientific Altrua™ 50 Dual-Chamber Cardiac Pacemaker – Type DDDR; Model S502

In 2009, Boston Scientific agreed to pay $22 million to settle allegations that its subsidiary Guidant LLC had used kickback schemes to boost sales for its pacemakers (cardiac rhythm management or CRM devices) and defibrillators (implantable cardioverter-defibrillators or ICD devices). Allegedly, Guidant paid doctors between $1,000 and $1,500 each to participate in one of its four post-studies known as RaCE ($1,500), RaCE II ($1,000), RaCE III ($1,000), and MERITS ($1,000).[109]

Obsidio Embolic Recall edit

In April 2024, the FDA announced a recall of Boston Scientific's device, Obsidio Embolic, which is used to stop hemorrhaging and excessive bleeding. It has been found that when the device is paired with the aliquot technique, it can lead to bowel ischemia, which can mean longer hospitalization or death for patients.[110]

Financial restatement edit

On November 3, 1998, Boston Scientific restated its financial results for 1997, as well as its quarterly results for the first three quarters of 1998, due to the occurrence of business irregularities in the operations of its Japanese subsidiary.[111]

Notable people edit

  • Donald Steven Baim, MD (1946–2009), served Chief Medical and Scientific Officer for Boston Scientific from 2006 until his death in 2009.
  • Ian Meredith, MD, PhD, AM (born 1956), has been Global Chief Medical Officer and Executive Vice President since January 2017.
  • Ursula Burns (born 1958), who served as a Member of Boston Scientific's 13-seat Board of Directors since 2002, resigned after being named Chief Executive Officer of the Xerox Corporation, taking effect July 1, 2009, and becoming the first African-American female CEO of a Fortune 500 company.
  • Kristina M. Johnson (born 1957), PhD, who served as a Member of BSC's Board since May 2006, resigned in May 2009 after being confirmed by the U.S. Senate to serve as Under Secretary in the Department of Energy (see Under Secretary of Energy for Infrastructure & Under Secretary of Energy for Science and Innovation). Johnson was re-elected to BSC's board January 1, 2011, and served in that position until May 2017.
  • Yoshiaki Fujimori (born 1951), BSC Board Member since July 2016.
  • James Robert Tobin, Jr. (born 1944), President & CEO of BSC from 1999 through 2009.
  • John Raymond Elliott "Ray" (born 1950), served as a Board Member from September 2007 to 2009, then, in July 2009, re-joined the Board and became President & CEO, a position he held until December 31, 2011. Before, he had served as Chairman of Zimmer Holdings, Inc., from August 6, 2001, to November 30, 2007, and President & CEO from March 20, 2001, to May 2007.

Locations edit

Headquarters and regional centers edit

Manufacturing plants edit

Customer fulfillment centers edit

Institutes for Advancing Science edit

In June 2022, Boston Scientific announced that it would invest $62.5 million in a manufacturing and supply chain facility in Johns Creek, Georgia, a suburb of Atlanta.[112][113] In 2016, Boston Scientific had acquired EndoChoice, located in Alpharetta, 10.8 mi (17.4 km) from its proposed Johns Creek facility.

Subsidiaries edit

BSC, as of December 31, 2019, wholly owns or has a majority interest in all of the below mentioned entities.[114]

  • Acurate Industria e Comercio Ltda. (Brazil)
  • American Medical Systems Europe B.V. (Netherlands)
  • Apama Medical, Inc. (Delaware)
  • Augmenix K.K. (Japan)
  • Augmenix, Inc. (Delaware)
  • Biocompatibles International Limited (England)
  • Biocompatibles UK Limited (England)
  • Biocompatibles, Inc. (Delaware)
  • Boston Scientific (Malaysia) Sdn. Bhd. (Malaysia)
  • Boston Scientific (South Africa) Proprietary Limited (South Africa)
  • Boston Scientific (Thailand) Ltd. (Thailand)
  • Boston Scientific (UK) Limited (England)
  • Boston Scientific AG (Switzerland)
  • Boston Scientific Argentina S.A. (Argentina)
  • Boston Scientific Asia Pacific Pte. Ltd. (Singapore)
  • Boston Scientific Benelux NV (Belgium)
  • Boston Scientific Canada Limited (Canada)
  • Boston Scientific Ceska republika s.r.o. (Czech Republic)
  • Boston Scientific Chile SpA (Chile)
  • Boston Scientific Clonmel Limited, in liquidation (Ireland)
  • Boston Scientific Colombia Limitada (Colombia)
  • Boston Scientific Comercial de Costa Rica BSCR, S.R.L. (Costa Rica)
  • Boston Scientific Cork Limited, in liquidation (Ireland)
  • Boston Scientific de Costa Rica S.R.L. (Costa Rica)
  • Boston Scientific de Mexico, S.A. de C.V. (Mexico)
  • Boston Scientific del Caribe, Inc. (Puerto Rico)
  • Boston Scientific do Brasil Ltda. (Brazil)
  • Boston Scientific Far East B.V. (Netherlands)
  • Boston Scientific Gesellschaft m.b.H. (Austria)
  • Boston Scientific Group plc (Ireland)
  • Boston Scientific Hellas S.A. (Greece)
  • Boston Scientific Hong Kong Limited (Hong Kong)
  • Boston Scientific Iberica, S.A. (Spain)
  • Boston Scientific India Private Limited (India)
  • Boston Scientific International B.V. (Netherlands)
  • Boston Scientific International Finance Limited (Ireland)
  • Boston Scientific International S.A. (France)
  • Boston Scientific Ireland Limited, in liquidation (Ireland)
  • Boston Scientific Israel Ltd. (Israel)
  • Boston Scientific Japan K.K. (Japan), Tokyo, Japan (wholly owned subsidiary)
  • Boston Scientific Korea Co., Ltd. (Korea)
  • Boston Scientific Lebanon SAL (Lebanon)
  • Boston Scientific Limited (England)
  • Boston Scientific Limited (Ireland)
  • Boston Scientific Ltd./Boston Scientifique Ltee. (Canada)
  • Boston Scientific Medical Device (Malaysia) Sdn. Bhd. (Malaysia)
  • Boston Scientific Medical Device Limited (Ireland)
  • Boston Scientific Medizintechnik GmbH (Germany)
  • Boston Scientific Middle East FZ-LLC (UAE)
  • Boston Scientific Middle East SAL (Offshore) (Lebanon)
  • Boston Scientific Nederland B.V. (Netherlands)
  • Boston Scientific Neuromodulation Corporation (Delaware), headquartered in Valencia, California, founded 1993
  • Boston Scientific New Zealand Limited (New Zealand)
  • Boston Scientific Nordic AB (Sweden)
  • Boston Scientific Peru S.A.C. (Peru)
  • Boston Scientific Philippines, Inc. (Philippines)
  • Boston Scientific Polska Sp. z o.o. (Poland)
  • Boston Scientific Portugal - Dispositivos Medicos, Lda (Portugal)
  • Boston Scientific Pty Ltd (Australia)
  • Boston Scientific Romania S.R.L. (Romania)
  • Boston Scientific S.A.S.(France)
  • Boston Scientific S.p.A. (Italy)
  • Boston Scientific Scimed, Inc. (Minnesota), headquartered in Maple Grove, Minnesota
  • Boston Scientific Services Private Limited (India)
  • Boston Scientific Technology & Engineering Services Private Limited (India)
  • Boston Scientific TIP Gerecleri Limited Sirketi (Turkey)
  • Boston Scientific Uruguay S.A. (Uruguay)
  • Boston Scientific Vietnam Company Limited (Vietnam)
  • Bravo Bidco Limited (England)
  • BSC International Medical Trading (Shanghai) Co., Ltd. (China)
  • BSC Medical Device Technology (Shanghai) Co., Ltd. (China)
  • BTG Australasia Pty Ltd (Australia)
  • BTG Europe B.V. (Netherlands)
  • BTG IM Holdings Ltd. (Israel)
  • BTG International (Holdings) Limited (England)
  • BTG International Asia Limited (Hong Kong)
  • BTG International Canada Inc. (Canada)
  • BTG International Germany GmbH (Germany)
  • BTG International Healthcare Inc. (Delaware)
  • BTG International Healthcare Limited (Delaware)
  • BTG International Healthcare LLC (Delaware)
  • BTG International Inc. (Delaware)
  • BTG International Limited (England)
  • BTG Limited (England)
  • BTG Management Services Limited (England)
  • BTG Medikal Limited Sirketi (Turkey)
  • Cardiac Pacemakers, Inc. (Minnesota), headquartered in Saint Paul, Minnesota (publicly traded)
  • CeloNova BioSciences Germany GmbH, in liquidation (Germany)
  • Claret Medical, Inc. (Delaware)
  • Cosman Medical, LLC (Massachusetts), based in Marlborough and Burlington, Massachusetts
  • Cryterion Medical, Inc. (Delaware)
  • Cryterion Medical Ireland, Limited (Ireland)
  • EKOS LLC (Delaware)
  • Electron Acquisition Corporation (Delaware)
  • EMcision International Inc. (Canada)
  • EndoChoice GmbH, in liquidation (Germany)
  • EndoChoice Holdings, Inc. (Delaware)
  • EndoChoice, Inc. (Delaware), based in Alpharetta, Georgia
  • EndoChoice Innovation Center Ltd. (Israel)
  • EndoChoice Israel Ltd. (Israel)
  • EP Technologies, Inc. (Delaware), based in Sunnyvale, California
  • Galil Medical Inc. (Delaware)
  • Galil Medical Ltd. (Israel)
  • Galil Medical UK Limited (England)
  • Guidant Delaware Holding Corporation (Delaware)
  • Guidant Europe NV (Belgium)
  • Guidant Puerto Rico B.V. (Netherlands)
  • Hong Kong Medtech Trading Limited (Hong Kong)
  • Millipede, Inc. (Delaware)
  • Notebook Merger Sub, Ltd. (Delaware)
  • Novate Medical Limited (Ireland)
  • nVision Medical Corporation (Delaware)
  • NXT Merger Corp. (Delaware)
  • NxThera, Inc. (Delaware)
  • PneumRx GmbH (Germany)
  • PneumRx Liimited (England)
  • PneumRx LLC (Delaware)
  • Protherics Medicines Development B.V. (Netherlands)
  • Protherics Medicines Development Limited (England)
  • Protherics UK Limited (England)
  • Provensis Limited (England)
  • PT Boston Scientific Indonesia (Indonesia)
  • RMI Acquisition Corp. (California)
  • Robert S. Smith, M.D., Inc. (Georgia), based in Alpharetta, Georgia
  • Roxwood Medical, Inc. (Delaware)
  • Sadra Medical, Inc. (Delaware), based in Los Gatos, California, founded 2003
  • Securus Medical Group, Inc. (Delaware)
  • SNS Merger Corp (Delaware)
  • Special K Merger Corp. (Delaware)
  • StarMedTec GmbH, in liquidation (Germany)
  • Stream Enterprises LLC (Delaware)
  • Symetis SA (Switzerland)
  • Target Therapeutics, Inc. (Delaware), headquartered in Fremont, California, founded 1991
  • Veniti, Inc. (Delaware)
  • Vertiflex, Inc. (Delaware)
  • Zuma Investment Pty Ltd (Australia)
  • 34 Biomedical Merger Corp. (Delaware)
  • 9357-1867 Quebec Inc. (Canada)

Bibliography edit

Notes edit

  1. ^ Equivalent to about $3.5 billion in 2023.[10][11]
  1. ^ a b c d e f "Form 10K," December 31, 2023.
  2. ^ SEC Report.
  3. ^ a b Wood, March 4, 2004.
  4. ^ a b Cameron Health, June 8, 2012.
  5. ^ "EMBLEM S–ISC System," 2020.
  6. ^ a b "About Boston Scientific".
  7. ^ MassDevice, June 9, 2010.
  8. ^ Business Entity Summary.
  9. ^ Chicago Tribune, April 4, 1992, p. 2.
  10. ^ "Consumer Price Index".
  11. ^ McCusker, October 1991.
  12. ^ New York Times, October 10, 1995, p. 4D.
  13. ^ Rodengen, 2001, p. 163.
  14. ^ Lee, 2018, p. 116.
  15. ^ Precision Vascular Systems, April 7, 2004.
  16. ^ Advanced Bionics Corporation, June 1, 2004.
  17. ^ Advanced Stent Technologies, December 16, 2004.
  18. ^ TriVascular, April 18, 2005.
  19. ^ a b Sacramento Business Journal, March 23, 2008.
  20. ^ CryoVascular Systems, April 18, 2005.
  21. ^ Rubicon Medical Corporation, June 14, 2005.
  22. ^ TriVascular (sale of BSSR), March 31, 2008.
  23. ^ Guidant, January 8, 2006.
  24. ^ NBC News, January 25, 2006.
  25. ^ Guidant, April 21, 2006.
  26. ^ Karim, November 2012.
  27. ^ Fluid Management & Venous Access, December 13, 2007.
  28. ^ CryoCor, May 28, 2008.
  29. ^ CryoCor Merger, April 16, 2008.
  30. ^ Xconomy, August 5, 2008.
  31. ^ Labcoat Ltd., January 6, 2009.
  32. ^ Seattle Times, August 13, 2011.
  33. ^ Asthmatx, October 26, 2010.
  34. ^ Ford, July 22, 2020.
  35. ^ Atritech, January 19, 2011.
  36. ^ Intelect Medical, January 5, 2011.
  37. ^ Sadra Medical, January 4, 2011.
  38. ^ Neurovascular business, January 3, 2011.
  39. ^ BridgePoint Medical, September 19, 2012.
  40. ^ Rhythmia Medical, October 8, 2012.
  41. ^ Vessix Vascular, November 8, 2012.
  42. ^ Bard Electrophysiology, November 1, 2013.
  43. ^ C.R. Bard Electrophysiology, June 28, 2013.
  44. ^ IoGyn, May 6, 2014.
  45. ^ Bayer Interventional Business, September 2, 2014.
  46. ^ Bloomberg News, March 2, 2015.
  47. ^ Xlumena, April 1, 2015.
  48. ^ MValve Technologies, October 8, 2015.
  49. ^ Market Realist, May 13, 2016.
  50. ^ Cosman Medical, July 27, 2016.
  51. ^ EndoChoice, November 22, 2016.
  52. ^ MassDevice, August 27, 2016.
  53. ^ Resectr™ Tissue Resection Device, November 15, 2016.
  54. ^ Neovasc Advanced Biological Tissue, December 12, 2016.
  55. ^ Symetis, May 16, 2017.
  56. ^ Apama Medical, October 2, 2017.
  57. ^ nVision Medical, April 16, 2018.
  58. ^ NxThera, April 30, 2018.
  59. ^ Securus Medical Group, April 3, 2018.
  60. ^ Cryterion Medical, July 5, 2018.
  61. ^ VENITI, August 8, 2018.
  62. ^ Claret Medical, August 2, 2018.
  63. ^ Augmenix, October 16, 2018.
  64. ^ Keown, November 20, 2018.
  65. ^ Terry, December 28, 2018.
  66. ^ Vertiflex, May 9, 2019.
  67. ^ Preventice Solutions, January 21, 2021.
  68. ^ Lumenis Surgical Business, March 3, 2021.
  69. ^ NS Medical Devices, November 20, 2019.
  70. ^ Farapulse, June 24, 2021.
  71. ^ Devoro Medical, September 21, 2021.
  72. ^ Reuters, October 6, 2021.
  73. ^ Globe and Mail, October 6, 2021.
  74. ^ M.I.Tech Co., June 15, 2022.
  75. ^ Fierce Biotech, May 25, 2023.
  76. ^ Obsidio, August 15, 2022.
  77. ^ "Boston Scientific Announces Agreement to Acquire Relievant Medsystems, Inc". www.prnewswire.com (Press release). Retrieved September 19, 2023.
  78. ^ "Boston Scientific Announces Agreement to Acquire Axonics, Inc".
  79. ^ Glassdoor 2018.
  80. ^ Glassdoor 2019.
  81. ^ Glassdoor 2022.
  82. ^ Working Mother 2018.
  83. ^ "Diversity & Inclusion".
  84. ^ "2021 Performance Report".
  85. ^ Forbes, January 19, 2019.
  86. ^ Diversity, May 2, 2022.
  87. ^ 3BL CSRwire, May 5, 2022.
  88. ^ Bloomberg – "Gender-Equality Index".
  89. ^ Working Mother 2017.
  90. ^ Working Mother 2018, 2019, 2020
  91. ^ Human Rights Campaign.
  92. ^ Deen, 2021.
  93. ^ Wall Street Journal, February 2, 2010.
  94. ^ Reuters, November 19, 2014.
  95. ^ CBS News, April 17, 2019.
  96. ^ CNN Business, January 14, 2016.
  97. ^ MassDevice, May 14, 2018.
  98. ^ APOPS, May 14, 2018.
  99. ^ Reuters, October 9, 2015.
  100. ^ Reuters, May 28, 2015.
  101. ^ a b c MedTech Intelligence, March 23, 2021.
  102. ^ Boston Business Journal, March 23, 2021.
  103. ^ Boston, June 21, 2011.
  104. ^ U.S. Department of Justice, January 12, 2011.
  105. ^ U.S. Department of Justice, January 27, 2011.
  106. ^ MassDevice, April 6, 2010.
  107. ^ Strom, January 25, 2020.
  108. ^ GlobalData, June 2022.
  109. ^ MassDevice, December 23, 2009.
  110. ^ "FDA classifies recall of Boston Scientific device as 'most serious'". Reuters. April 17, 2024. Retrieved April 23, 2024.
  111. ^ Irregularities in Japanese Subsidiary, November 3, 1998.
  112. ^ Atlanta Journal-Constitution, June 28, 2022.
  113. ^ Atlanta Business Chronicle, June 30, 2022.
  114. ^ BSC Annual Report, 2020, Exhibit 21.

References edit

Books, journals, reports (alphabetical by author)
  1. 2013. January 8, 2013.
  2. 2014 (PDF).
  3. 2015 (PDF).
  4. 2016 (PDF).
  5. 2017 (PDF).
  6. 2018 (PDF).
  7. 2019 (PDF).
  8. 2020 (PDF).
  9. 2021 (PDF).
  10. 2022 (PDF).
  1. "Boston Scientific Corp (BSX)". Pharmaceuticals & Healthcare – Deals and Alliances Profiles. Report Code GDPH519D. June 2022. ProQuest 2479649577 (ABI/INFORM Collection); OCLC 1316314935 (all editions).
  2. "Boston Scientific Corp (BSX)". Medical Devices Product Pipeline Summary. Report Code GDME519PR. June 2022. ProQuest 2455689963 (ABI/INFORM Collection); OCLC 1264916328 (all editions).
  1. "Addenda et Corrigenda" (PDF). October 1996. pp. 327–334. OCLC 53347080.
  • Rodengen, Jeffrey Lee (2001). VanZile, Jon (ed.). The Ship in the Balloon: The Story of Boston Scientific and the Development of Less-Invasive Medicine. Write Stuff Enterprises, Inc. pp. 161–187. ISBN 9780945903505. LCCN 97062158. OCLC 709541908. Retrieved June 22, 2022 – via Internet Archive.
Magazines, websites (alphabetical by publication/website)
  • APOPS
    • "60 Minute Mesh Expose: One-Sided Noise Generates Fear on Mother's Day". APOS. Racine, Wisconsin: Association for Pelvic Organ Prolapse Support (APOPS). May 14, 2018. Retrieved February 15, 2022.
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    • "Gender-Equality Index". Bloomberg Professional Services. Retrieved April 16, 2019.
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    • Elton, Catherine (June 21, 2011). "Boston Scientific and the Road to Ruin". Boston. Retrieved February 16, 2022.
  • Business Entity Summary. Massachusetts Secretary of the Commonwealth.
    • "Boston Scientific" (ID No. 042695240). Retrieved July 6, 2022.
  • "Consumer Price Index 1800–  ". Federal Reserve Bank of Minneapolis.
  • Forbes
    • Valet, Vicky (January 15, 2019). . Forbes. Archived from the original on January 16, 2019. Retrieved April 16, 2019 – via Internet Archive.
  • Glassdoor
    • (current) "Best Places to Work".
    • "2018 Best Places to Work". Boston Scientific – #35 4.4 stars
    • "2019 Best Places to Work". Boston Scientific – #56 4.3 stars
    • "Best Places to Work 2022". Boston Scientific – #52 4.3 stars
  • Market Realist
    • Collins, Sarah (May 13, 2016). "Overview of Boston Scientific, a Leading Medical Device Company". Retrieved August 6, 2020.
  • Strom Law Firm
    • Strom, Pete (January 25, 2020). "Boston Scientific to Settle Defective Defibrillator Medicare Fraud Lawsuit". Retrieved February 16, 2022.
  • US Black Engineer and Information Technology
    • Deen, Lango (2021). "Top Supporters and the Abet-Accredited Engineering Schools at Historically Black Colleges and Universities". US Black Engineer and Information Technology. Vol. 45, no. 2. Baltimore: Career Communications Group. pp. 24–27. ISSN 1088-3444. JSTOR 48634926. OCLC 9371713313. Retrieved July 6, 2022 – via ISSUU.
  • Working Mother ISSN 0278-193X; OCLC 1054395887, 937624959, 16828281, 1126465630, and 1113176889. The magazine ceased publication in 2021.
    • "100 Best Companies: Highlights". Vol. 40, no. 4. October–November 2017. pp. 28–29, 82. ProQuest 1942180289
    • "100 Best Companies 2018". Vol. 41, no. 4. October–November 2018. pp. 38, 40, 42, 44, 46, 48, 50, 52, 54, 56, 58, 60, 62, 64, 66, 68, 70. ProQuest 2130239079
    • "100 Best Companies 2019". Vol. 42, no. 4. October–November 2019. pp. 39–42, 44, 46, 48, 50, 52, 54, 56, 58, 60, 62. ProQuest 2305786349
    • "TOP 10 Empathetic Employers". Vol. 43, no. 4. October–November 2020. pp. 18–20, 22–24, 26, 28–30, 32, 34–41. ProQuest 2448689559
  • Xconomy
    • Timmerman, Luke (August 5, 2008). "Boston Scientific Spin-off Aiming to Tap Veins Without Causing Infections". Retrieved February 23, 2009.
News media (alphabetical by publication/website)
  • Atlanta Business Chronicle
  • Atlanta Journal-Constitution
    • Kann, Drew; Trubey, J. Scott (June 28, 2022). "Medical device company plans $62.5 million facility in Johns Creek". Atlanta Journal-Constitution. ISSN 1539-7459. from the original on June 30, 2022. Retrieved October 13, 2022.
  • BioSpace
    • Keown, Alex (November 20, 2018). "Boston Scientific to Acquire U.K. Medical Device Company BTG for $4.2 Billion". Retrieved November 21, 2018.
    • Terry, Mark (December 28, 2018). "Boston Scientific Exercises $325 Million Option to Buy Millipede". Retrieved January 3, 2019.
  • Bloomberg News
    • McLaughlin, Kim (March 2, 2015). "Boston Scientific Buys Endo Men's Health Unit for $1.6 Billion". Bloomberg News (US ed.). EBSCOhost 140889079.
  • Boston Business Journal
  • CBS News
    • Pelley, Scott (April 17, 2019) [May 13, 2018]. "Gynecological Mesh: The Medical Device That Has 100,000 Women Suing". CBS News. from the original on May 14, 2018. Retrieved May 14, 2018. A common surgical implant has generated the largest multi-district litigation since asbestos. 60 Minutes reports on one of the device's manufacturers, Boston Scientific, now facing 48,000 lawsuits.
  • Chicago Tribune
    • Morris, Steven (April 4, 1992). "Sale of Boston Scientific Could Net Abbot $185 Million". Chicago Tribune. Vol. 145, no. 95 (North Sports Final ed.). p. 2 (section 2) – via Newspapers.com. LCCN 2011-267055; ISSN 1085-6706 (print); OCLC 60639020 (all editions).
      (article on Chicago Tribune's blog. April 4, 1992.)
  • CNN Business
    • Wattles, Jackie (January 14, 2016). "Boston Scientific Accused of Using Counterfeit Ingredients". CNN Business. Retrieved February 15, 2022. ProQuest 1756736911 (US Newsstream database).
  • Fierce Biotech
    • Park, Andrea (May 25, 2023). "Boston Scientific nixes $230M acquisition of stent maker M.I.Tech, citing regulatory roadblocks". Fierce Biotech. Retrieved June 1, 2023.
  • The Globe and Mail
    • Silcoff, Sean (October 6, 2021) [updated October 7, 2021]. "Ex-Liberal MP Frank Baylis Scores Windfall as Boston Scientific Buys His Heart Device Business for US $1.75-Billion". The Globe and Mail. ISSN 0319-0714. Retrieved July 6, 2022.
  • MassDevice
    • "Boston Scientific Settles Guidant Kickback Case for $22 Million". MassDevice. WTWH Media LLC. December 23, 2009. Retrieved February 16, 2022.
    • "Guidant Cops Guilty Plea, Makes $296 Million Settlement Official". MassDevice. WTWH Media LLC. April 6, 2010. Retrieved February 16, 2022.
    • Perriello, Brad (June 9, 2010). "MassDevice Q&A: Boston Scientific Co-Founder John Abele". MassDevice. WTWH Media LLC. Retrieved July 6, 2022.
    • Perriello, Brad (September 27, 2016). "Boston Scientific to pay $210m for EndoChoice". MassDevice. WTWH Media LLC. Retrieved October 13, 2022.
    • Densford, Fink (May 14, 2018). "Update: 60 Minutes Report Claims Unapproved Plastic Sources Used in Boston Scientific Pelvic Meshes". MassDevice. WTWH Media LLC. Retrieved February 15, 2022.
  • Medical Device and Diagnostic Industry (MD+DI)
    • Ford, Omar (July 22, 2020). "Boston Sci Wins Nod for Next Gen Watchman Device". Medical Device and Diagnostic Industry (MD+DI). Retrieved October 13, 2022.
  • Medscape
    • Wood, Shelley (March 4, 2004). "FDA Approves Taxus Paclitaxel-Eluting Stent". Medscape. Retrieved February 20, 2015.
  • MedTech Intelligence
    • "Boston Scientific Settles Surgical Mesh Claims for Nearly $189 Million". MedTech Intelligence. Innovative Publishing Company, Inc. March 23, 2021. Retrieved February 15, 2022.
  • NBC News
    • "Guidant Battle Ends in Favor of Boston Scientific". NBC News (AP). January 25, 2006. Retrieved February 11, 2008.
  • The New York Times
  • NS Medical Devices
    • "Baring Private Equity Asia to Buy Lumenis in $1bn Deal". November 20, 2019. Retrieved July 6, 2022.
  • Reuters
    • Ax, Joseph (November 19, 2014). . Reuters. Archived from the original on October 20, 2015.
    • Dye, Jessica (May 28, 2015). "Boston Scientific Ordered to Pay $100 Million in Transvaginal Mesh Trial". Reuters. Retrieved May 14, 2018.
    • Dye, Jessica (October 9, 2015). "Boston Scientific Mesh Verdict Slashed to $10 Million". Reuters. Retrieved February 15, 2022.
    • "Boston Scientific to Buy Baylis Medical for $1.75 Billion". Reuters. October 6, 2021.
  • Sacramento Business Journal
  • Seattle Times
    • Bernton, Hal (August 13, 2011). "Army Whistle-Blower Fights to Clear Name". Seattle Times. p. 1.
  • Wall Street Journal
    • Kamp, Jon (February 2, 2010). "Boston Scientific to Pay J&J $1.73B to Settle Stent Patent Disputes". Wall Street Journal. Vol. 255, no. 26. p. B3. EBSCOhost 48080573.
Press releases (alphabetical by date)
  • "Medical Device Manufacturer Guidant Sentenced for Failure to Report Defibrillator Safety Problems to FDA" (Press release). U.S. Department of Justice. January 12, 2011. Retrieved February 16, 2022.
  • "United States Files Suit Against Guidant and Boston Scientific for Selling Defective Heart Devices That Were Implanted in Medicare Patients" (Press release). U.S. Department of Justice. January 27, 2011. Retrieved February 16, 2022.
Primary sources via Boston Scientific
  • "About Boston Scientific" → "Corporate Overview" → "Our History". Retrieved February 20, 2015.
  • "Diversity & Inclusion". 2018. Retrieved April 17, 2019.
  • "Boston Scientific Named a Best Employer for Diversity in 2022". May 2, 2022. Retrieved July 5, 2022.
  • "Boston Scientific Announces Acquisition of Precision Vascular Systems, Inc". April 7, 2004.
  • "Boston Scientific Announces Acquisition of Advanced Bionics Corporation". June 1, 2004. Retrieved May 20, 2022.
  • "Boston Scientific Enters Into Definitive Agreement to Acquire Advanced Stent Technologies, Inc". December 16, 2004. Retrieved May 20, 2022.
  • "Boston Scientific Announces Acquisition of TriVascular, Inc". April 18, 2005.
  • "Boston Scientific Announces Decision to Acquire CryoVascular Systems". April 18, 2005.
  • "Boston Scientific Completes Accquisition of Rubicon Medical Corporation". June 14, 2005.
  • "Boston Scientific Submits Definitive Offer to Acquire Guidant for $72 Per Share in Cash and Stock". January 8, 2006.
  • "EMBLEM S–ICD System – Subcutaneous Implantable Defibrillator". 2020 [2016].
  1. . Archived from the original on February 26, 2016. Retrieved February 26, 2016.
  2. "EMBLEM MRI S–ICD System: Model A219". Retrieved June 22, 2022.
  • "2021 Performance Report – Advancing Science for Life" (PDF). Retrieved July 9, 2022.
  • "Boston Scientific Named a Best Employer for Diversity in 2022". 3BL CSRwire. May 5, 2022. Retrieved July 9, 2022.
Primary sources via PR Newswire (by date)
  • . November 3, 1998. Archived from the original on February 14, 2015 – via The Free Library. ProQuest 447205826
  • "Boston Scientific Completes Combination with Guidant". April 21, 2006. Retrieved February 11, 2008.
  • "Boston Scientific Agrees to Sell Fluid Management and Venous Access Businesses to Avista Capital Partners for $425 Million". December 13, 2007.
  • "Boston Scientific Announces Sale of TriVascular Endovascular Aortic Repair Program". March 31, 2008. Retrieved July 7, 2022.
  • "Boston Scientific and CryoCor Announce Signing of Definitive Merger Agreement". April 16, 2008.
  • "Boston Scientific Completes Acquisition of CryoCor". May 28, 2008.
  • "Boston Scientific Acquires Labcoat Limited". January 6, 2009.
  • "Boston Scientific Completes Acquisition of Asthmatx". October 26, 2010.
  • "Boston Scientific Completes Sale of Neurovascular Business". January 3, 2011.
  • "Boston Scientific Completes Acquisition of Sadra Medical". January 4, 2011.
  • "Boston Scientific Acquires Intelect Medical". January 5, 2011.
  • "Boston Scientific to Acquire Atritech". January 19, 2011.
  • "Boston Scientific Closes Cameron Health Acquisition". June 8, 2012. Retrieved February 26, 2016.
  • "Boston Scientific to Acquire BridgePoint Medical, Inc". September 19, 2012.
  • "Boston Scientific to Acquire Rhythmia Medical, Inc". October 8, 2012.
  • "Boston Scientific to Acquire Vessix Vascular, Inc". November 8, 2012.
  • "Boston Scientific to Acquire C.R. Bard Electrophysiology Business". June 28, 2013.
  • "Boston Scientific Completes Acquisition of Bard Electrophysiology". November 1, 2013.
  • "Boston Scientific to Acquire IoGyn, Inc". May 6, 2014.
  • "Boston Scientific Closes Acquisition of Interventional Business of Bayer AG". September 2, 2014.
  • "Boston Scientific Agrees to Acquire Xlumena". April 1, 2015.
  • "Boston Scientific Announces Additional Investment and Right to Acquire MValve Technologies". October 8, 2015.
  • "Boston Scientific Announces Acquisition of Cosman Medical". July 27, 2016.
  • "Boston Scientific Acquires Resectr™ Tissue Resection Device From Distal Access, LLC". November 15, 2016.
  • "Boston Scientific Closes EndoChoice Acquisition". November 22, 2016.
  • "Boston Scientific Announces Agreement to Acquire Neovasc Advanced Biological Tissue Capabilities". December 12, 2016.
  • "Boston Scientific Closes Symetis Acquisition". May 16, 2017.
  • "Boston Scientific Announces Agreement to Acquire Apama Medical". October 2, 2017.
  • "Boston Scientific Announces Acquisition of Securus Medical Group, Inc". April 3, 2018.
  • "Boston Scientific Announces Acquisition of nVision Medical Corporation". April 16, 2018.
  • "Boston Scientific Closes NxThera Acquisition". April 30, 2018.
Primary sources via BioSpace (by date)
  • "Boston Scientific to Acquire Cryterion Medical, Inc". July 5, 2018. Retrieved September 24, 2018.
  • "Boston Scientific Closes Acquisition of Claret Medical, Inc., Announces Positive Reimbursement Decision". August 2, 2018. Retrieved October 21, 2018.
  • "Boston Scientific Announces Agreement to Acquire VENITI, Inc". August 8, 2018. Retrieved October 21, 2018.
  • "Boston Scientific Closes Acquisition of Augmenix, Inc". October 16, 2018. Retrieved October 21, 2018.
  • "Boston Scientific Announces Agreement to Acquire Vertiflex, Inc". May 9, 2019. Retrieved June 2, 2019.
  • "Boston Scientific Announces Agreement to Acquire Preventice Solutions, Inc". January 21, 2021. Retrieved January 21, 2021.
  • "Boston Scientific Announces Agreement to Acquire Lumenis Ltd. Surgical Business From Baring Private Equity Asia". March 3, 2021. Retrieved March 4, 2021.
  • "Boston Scientific Exercises Option to Acquire Farapulse, Inc". June 24, 2021. Retrieved June 30, 2021.
  • "Boston Scientific Announces Agreement to Acquire Devoro Medical, Inc". September 21, 2021. Retrieved September 23, 2021.
  • "Boston Scientific Announces Agreement to Purchase Majority Stake of M.I.Tech Co., Ltd From Synergy Innovation Co., Ltd". June 15, 2022. Retrieved June 16, 2022.
  • "Boston Scientific Announces Acquisition of Obsidio, Inc". June 15, 2022. Retrieved August 15, 2022.
Primary sources – financials
  • Boston Scientific Annual Reports.
  1. 2019 (PDF). Retrieved July 7, 2022.
  2. 2020 (PDF). Retrieved July 7, 2022.
  3. 2021 (PDF). Retrieved July 7, 2022.
  4. 2022 (PDF). Retrieved August 16, 2023.
  1. December 31, 2023 (filed February 20, 2024). Retrieved February 21, 2024.

External links edit

  • Official website
  • Business data for Boston Scientific:
    • Bloomberg
    • Google
    • Reuters
    • SEC filings
    • Yahoo!
  • Boston Globe (The); Kerber, Ross (May 17, 2005). "Gamble Wins Big at Boston Scientific – Stent Maker Soars Despite Major Recall".  . Vol. 267, no. 137. p. F5. ISSN 0743-1791. Retrieved March 12, 2006. (publication); ProQuest 404957389 (US Newsstream database) (alternate access → via Newspapers.com. link. Retrieved July 7, 2022.).

boston, scientific, this, article, rely, excessively, sources, closely, associated, with, subject, potentially, preventing, article, from, being, verifiable, neutral, please, help, improve, replacing, them, with, more, appropriate, citations, reliable, indepen. This article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral Please help improve it by replacing them with more appropriate citations to reliable independent third party sources December 2018 Learn how and when to remove this template message 42 21 37 3 N 71 33 32 6 W 42 360361 N 71 559056 W 42 360361 71 559056 Boston Scientific Corporation BSC headquartered in Watertown Massachusetts and incorporated in Delaware 2 is a biomedical biotechnology engineering firm and multinational manufacturer of medical devices used in interventional medical specialties including interventional radiology interventional cardiology peripheral interventions neuromodulation neurovascular intervention electrophysiology cardiac surgery vascular surgery endoscopy oncology urology and gynecology Boston Scientific is widely known for the development of the Taxus Stent a drug eluting stent which is used to open clogged arteries 3 With the full acquisition of Cameron Health in June 2012 the company also became notable for offering a minimally invasive implantable cardioverter defibrillator ICD which they call the EMBLEM subcutaneous implantable defibrillator S ICD 4 5 Boston Scientific CorporationCompany typePublicTraded asNYSE BSXS amp P 500 componentISINUS1011371077IndustryMedical deviceFoundedJune 29 1979 44 years ago 1979 06 29 in Watertown MassachusettsFoundersJohn AbelePeter NicholasHeadquartersMarlborough Massachusetts U S Key peopleMichael F Mahoney Chairman and CEO Daniel Brennan CFO RevenueUS 14 24 billion 2023 1 Operating incomeUS 2 343 billion 2023 1 Net incomeUS 1 592 billion 2023 1 Total assetsUS 35 14 billion 2023 1 Total equityUS 19 28 billion 2023 1 Number of employeesc 48 000 1 2023 Websitebostonscientific wbr com Contents 1 History 1 1 Initial public offering 1992 1 2 Post IPO 1 3 Guidant merger 1 4 Post merger 2 Organizational culture 2 1 Social commitment 3 Litigation 3 1 Johnson amp Johnson patent litigation 3 2 Transvaginal mesh 3 3 NIR stent 3 4 Defective defibrillators 3 5 Bribery allegations 4 Obsidio Embolic Recall 5 Financial restatement 6 Notable people 7 Locations 7 1 Headquarters and regional centers 7 2 Manufacturing plants 7 3 Customer fulfillment centers 7 4 Institutes for Advancing Science 8 Subsidiaries 9 Bibliography 9 1 Notes 9 2 References 10 External linksHistory editBoston Scientific was formed June 29 1979 in Watertown Massachusetts as a holding company for the medical products company Medi Tech Inc and to position the company for growth in interventional medicine 6 Medi Tech was the brainchild of Itzhak Bentov a Czech born emigre to Israel and then to the United States who worked at the Arthur D Little think tank in Cambridge Massachusetts and ran a contract research company from his rented house in Belmont Massachusetts a venture he founded in 1965 with a business friend Dan Singer In 1967 he was asked by Boston Beth Israel Hospital radiologists to design a steerable remotely controlled catheter a series of engineering designs polymer improvements and prototypes led to the release of a new steerable angiography catheter in 1969 That year John Abele joined the small company with an option to buy and a year later he exercised his option with Cooper Labs as a business partner and the operation was moved out of Bentov s lab in the basement of the rectory of a Catholic church 7 in Belmont to Watertown After a decade of steady growth by chance Abele met Pete Nicholas in their neighborhood in Concord Massachusetts Their partnership hinged on Nicholas goal to build business enterprises and Abele s predilection for the vision and potential in noninvasive surgical instrumentation they gathered backers in the Boston banking community to buy out the Cooper Labs interest and form the new corporation Less than a year later Kimray Medical Associates later Mansfield Scientific Inc was acquired adding vena cava filters and cardiac output computers to the product line By 1982 a renovated mill building in Watertown was transformed into a manufacturing plant Acquisitions continued with Endo Tech Microvasive Inc gastrointestinal and pulmonary in 1981 and then Van Tec urology in 1988 and an international presence was expanded Mansfield Scientific Microvasive and Medi Tech merged into Boston Scientific December 31 1988 8 Initial public offering 1992 edit On May 19 1992 Boston Scientific launched an initial public offering of 23 5 million shares of which 18 8 million were offered in the U S and 4 7 million were offered outside the U S The initial offering amounted to 23 of Boston Scientific s outstanding stock The opening price was 17 per share 6 Goldman Sachs amp Co lead and PaineWebber Inc were the underwriters and Abbott Laboratories held a 20 stake 23 5 million shares The market capitalization was about 1 6 billion 9 a The U S shares were listed on the New York Stock Exchange Post IPO edit nbsp TAXUS Express2 Paclitaxel Eluting Coronary Stent From 1995 through 1997 Boston Scientific increased its technology R amp D and product offerings following several substantial acquisitions that included Cardiovascular Imaging Systems intravascular ultrasound SCIMED cardiovascular Vesica Medical urology Meadox textile vascular prostheses EP Technologies cardiac ablation controllers 12 MinTec abdominal aortic aneurysm grafts Symbiosis Corporation specialty medical product manufacture and Target Therapeutics on neurology 13 Boston Scientific acquired Target Therapeutics in a tax free stock swap for about 1 1 billion more than 10 times Target s earnings in contrast to the usual multiple of 10 times earnings 14 The Taxus Stent was approved in 2003 in Europe and other countries and in the United States by the FDA in March 2004 It was the second drug eluting stent approved in the United States 3 In April 2004 the company announced that it had exercised an exclusive option to acquire Precision Vascular Systems Inc as part of a series of agreements between Boston Scientific and Precision Vascular in 2002 for an undisclosed sum 15 In June Boston acquired Advanced Bionics Corporation for 740 million in cash plus earn out payments 16 In December Boston completed its acquisition of Advanced Stent Technologies Inc for 120 million payable in Boston Scientific stock plus the possibility of future contingent payments AST had been developing stent and stent delivery systems specifically designed to address the anatomical needs of coronary artery disease in bifurcated vessels 17 In April 2005 Boston exercised an exclusive option to acquire TriVascular Inc for an undisclosed sum and renamed it as Boston Scientific Santa Rosa Corporation or BSSR TriVascular was founded in January 1998 to develop less invasive medical devices and procedures for treating abdominal aortic aneurysms but BSC discontinued its endovascular aortic repair EVAR program in 2006 18 19 Also in April 2005 BSC announced it had exercised its option to acquire CryoVascular Systems Inc and its proprietary angioplasty device to treat atherosclerotic disease of the legs and other peripheral arteries 20 In June Boston Scientific announced that its wholly owned subsidiary Nemo I Acquisition Inc had successfully acquired Salt Lake City based Rubicon Medical Corporation with Rubicon became a wholly owned subsidiary of Boston Scientific 21 In March 2008 BSC sold BSSR to TV2 Holding Company of Santa Rosa Terms of the sale include 30 million in cash paid at the closing to BSC and a warrant allowing BSC to purchase a minority interest in TV2 22 19 Guidant merger edit In January 2006 the company announced an offer for its longtime competitor Guidant for 72 per share or 25 billion 23 The offer however was rejected On April 21 2006 BSC acquired Guidant for 27 2 billion Guidant was split between BSC and Abbott Laboratories 24 25 Four years later in 2010 when moving its heart rhythm business from its acquisition of Guidant Boston Scientific eliminated 1300 jobs 26 Post merger edit In December 2007 Boston Scientific announced it would sell its Fluid Management and Venous Access businesses for 425 million to Avista Capital Partners 27 In April 2008 the company acquired CryoCor Inc for 1 35 per share 17 6 million in total 28 29 Navilyst Medical was formed in February 2008 from Boston Scientific s Fluid Management and Vascular Access business units 30 In January 2009 Boston announced it would acquire Labcoat Limited whose primary development was that of a development stage drug eluting stent for an undisclosed sum 31 In October 2010 the company was fined 600 000 by the US Department of Justice for paying a US Army doctor to use their devices and recommend them to others 32 In the same month Boston Scientific acquired Asthmatx Inc for 193 5 million with payments of up to 250 million being paid on the achievement of specified revenue based criteria through 2019 33 In January 2011 Boston acquired Atritech Inc for 100 million plus additional potential payments of up to 275 million 34 Atritech developed a novel device called the Watchman designed to close the left atrial appendage in patients with atrial fibrillation who are at risk for ischemic stroke 35 In the same month Boston Scientific acquired Intelect Medical Inc for 78 million 36 and the remaining 86 of Sadra Medical Inc not already owned for 193 million plus contingent payments 37 At the same time the business divested its neurovascular business to Stryker Corporation for 1 5 billion 38 In June 2012 Boston Scientific officially acquired Cameron Health for a total sum of 1 3 billion paid out incrementally as various revenue milestones were achieved 4 In September the company announced it would acquire BridgePoint Medical Inc developer of a catheter based system to treat coronary chronic total occlusions 39 In October the company acquired Rhythmia Medical Inc developer of mapping and navigation methods for use in cardiac catheter ablations and other electrophysiology procedures 40 A month later the business acquired catheter based renal denervation system developer Vessix Vascular Inc 41 In November 2013 Boston announced it would acquire Bard EP the electrophysiology business of C R Bard Inc 42 for 275 million 43 In May 2014 Boston acquired hysteroscopic intrauterine tissue removal specialist IoGyn Inc 44 In September the business announced it would acquire the Interventional business of Bayer 45 In March 2015 the company announced it would acquire Endo International Plc s American Medical Systems urology business for at least 1 6 billion expanding the company s health and prostate treatments 46 In April Boston announced its intention to acquire Xlumena Inc 47 In October Boston announced it had invested further in percutaneous mitral valve replacement system developer MValve Technologies gaining a right to acquire the business in the future 48 As of 2016 it operates in more than 100 countries employs more than 24 000 people and manufactures around 13 000 diverse products 49 In July 2016 the business acquired the manufacturer of radiofrequency ablation systems Cosman Medical Inc 50 In September Boston announced it had acquired EndoChoice Holdings Inc becoming part of the Boston Scientific Endoscopy business for 8 00 per share or 210 million in total 51 52 In November the company acquired the gynecology and urology portfolio of Distal Access LLC a company that designs minimally invasive medical devices 53 In December 2016 the business acquired a 15 stake in Neovasc Inc for 75 million 54 In May 2017 the company acquired Symetis SA a developer of minimally invasive transcatheter aortic valve implantation devices 55 In October Boston acquired Apama Medical Inc for up to 300 million 56 In April 2018 Boston Scientific announced the triple closure of its acquisitions of women s health company nVision Medical Corporation 57 NxThera 58 and Securus Medical Group Inc for up to 50 million 59 In July Boston Scientific announced it would acquire Cryterion Medical Inc 60 Veniti Inc 61 in August Augmenix Inc and Claret Medical Inc 62 and in October 63 In late November Boston announce they would acquire UK medical device maker BTG plc for 4 2 billion 64 BTG before being acquired was publicly traded and a constituent of the FTSE 250 Index In late December the company announced it would acquire Millipede Inc for 325 million after previously investing 90 million in the company 65 nbsp Companies portal In May 2019 the company announced it would acquire Vertiflex Inc with the aim of increasing its interventional pain therapy offerings Vertiflex principally developed treatment for lumbar spinal stenosis 66 In January 2021 Boston announced it would acquire Minneapolis based Preventice Solutions Inc and its portfolio of mobile cardiac health solutions for up to 1 2 billion 67 In March the business announced it would acquire Lumenis Ltd for 1 billion from an affiliate of Baring Private Equity Asia 68 who in 2019 had acquired it from XIO Group 69 In June the company announced it would acquire the 73 of Farapulse Inc it did not already own for 295 million Farapulse was a University of Iowa startup The deal complimented Boston Scientific s existing electrophysiology portfolio 70 In September the business announced it would acquire Devoro Medical Inc and its blood clot capturing technology 71 Boston Scientific had been a strategic investor in Devoro since 2019 In October the company announced it would acquire Baylis Medical Company Inc for 1 75 billion expanding its electrophysiology and heart product portfolios see Frank Baylis 72 73 In June 2022 the business announced it would acquire M I Tech Co Ltd of South Korea for around 230 million 74 The deal was cancelled in May 2023 citing regulatory hurdles 75 In August Boston announced it would acquire Obsidio Inc 76 In September 2023 Boston Scientific acquired Relievant Medsystems Inc for an upfront cash payment of 850 million and undisclosed additional contingent payments based on sales performance over the next three years 77 In January 2024 the company announced it would acquire Axonics Inc for 3 7 billion 78 Boston Scientific mergers amp acquisitionsBoston Scientific Precision Vascular Systems Inc Acq 2004 Advanced Bionics Corporation Acq 2004 Advanced Stent Technologies Inc Acq 2004 TriVascular Inc Acq 2005 CryoVascular Systems Inc Acq 2005 Nemo I Acquisition Inc Rubicon Medical Corporation Acq 2005 Guidant Acq 2006 and split between Boston and Abbott Laboratories CryoCor Inc Acq 2008 Labcoat Limited Acq 2009 Asthmatx Inc Acq 2010 Atritech Inc Acq 2011 Intelect Medical Inc Acq 2011 Sadra Medical Inc Acq 2011 Cameron Health Acq 2012 BridgePoint Medical Inc Acq 2012 Rhythmia Medical Inc Acq 2012 Vessix Vascular Inc Acq 2012 Bard EP Acq 2013 IoGyn Inc Acq 2014 Bayer Interventional business Acq 2014 Endo International Urology business Acq 2015 Xlumena Inc Acq 2015 Cosman Medical Inc Acq 2016 EndoChoice Holdings Inc Acq 2016 Distal Access LLC Gynecology and Urology business Acq 2016 Symetis SA Acq 2017 Apama Medical Inc Acq 2017 nVision Medical Corporation Acq 2018 NxThera Acq 2018 Securus Medical Group Inc Acq 2018 Cryterion Medical Inc Acq 2018 Veniti Inc Acq 2018 Augmenix Inc Acq 2018 Claret Medical Inc Acq 2018 BTG plc Acq 2018 British Technology Group Merged 1981 National Research Development Corporation NRDC Est 1948 National Enterprise Board NEB Est 1975 Protherics Plc Acq 2008 Biocompatibles Acq 2011 Galil Medical Acq 2016 Novate Medical Acq 2018 Millipede Inc Acq 2018 Vertiflex Inc Acq 2019 Preventice Solutions Inc Acq 2021 Lumenis Ltd Acq 2021 Farapulse Inc Acq 2021 Devoro Medical Inc Acq 2021 Baylis Medical Company Inc Acq 2021 Obsidio Acq 2022 Relievant Medsystems Inc Acq 2023 Apollo Endosurgery Inc Acq 2023 Axonics Inc Acq pending Organizational culture editBSC has been assessed favorably by its employees In Glassdoor annual Best Places to Work Employee s Choice Survey BSC earned scores of 2018 35 of 100 4 4 stars of 5 79 2019 56 of 100 4 3 stars of 5 80 2022 52 of 100 4 3 stars of 5 81 The feedback for this survey is given by current and former employees As of 2018 BSC had 43 women among its employees 38 among management positions and 23 among corporate top management positions data for US workforce as of 2018 82 Social commitment edit Boston Scientific has set a standard for implementing an integrative organizational culture and states that it actively strives to further improve this by among other things increasing diversity among its employees and in particular among its managers executives and directors To this end the company has set itself the following goals in 2018 83 84 Leadership role by belonging to the top 10 companies in the integration of employees of the following groups women people of color disabled persons and members of the LGBTQ community Increase the proportion of people of color with supervisor or managerial functions to 20 in the USA including Puerto Rico end of 2018 19 6 1 8 compared to 2017 Increase the proportion of women in supervisor or managerial positions to 40 worldwide end of 2018 38 4 1 0 against 2017 Success for these objectives has been chronicled and ranked by publications and organizations including Forbes added the company in 2019 to its list of Best Employers For Diversity for its efforts to foster a corporate culture that welcomes and supports all employees That year BSC ranked 85th out of 500 companies 85 Forbes included BSC in its 2021 and 2022 lists as well ranking it 6th in 2021 and 171st in 2022 out of 500 for both years 86 87 Bloomberg recognized BSC for its inclusion in the Gender Equality Index in 2019 which includes companies that publicly demonstrate their commitment to equality and the advancement of women in the workplace The index lists a total of 230 companies from ten economic sectors and 36 countries and regions 88 The US magazine Working Mother in 2017 listed BSC for the first time along with 9 other companies as one of the 100 Best Companies for Working Mothers 89 The publication again listed BSC in 2018 2019 and 2020 90 The Human Rights Campaign HRC named BSC as a Best Place to Work for LGBTQ Equality in its 2019 edition of the eponymous list HRC has given BSC a ranking of 100 of 100 every year from 2015 through 2022 in its annual CEI Index Corporate Equality Index rankings of Fortune 1000 companies 91 The journal US Black Engineer amp Information Technology USBE amp IT in its 2021 Top Supporters of HBCU Engineering ranked BSC No 6 among the Top 20 Industry Supporters 92 Litigation editJohnson amp Johnson patent litigation edit Beginning in 2003 Boston Scientific and Johnson amp Johnson were involved in a series of litigations involving patents covering heart stent medical devices Both parties claimed that the other had infringed upon their patents The litigation was settled once Boston Scientific agreed to pay 716 million to Johnson amp Johnson in September 2009 and an additional 1 73 billion in February 2010 93 It was announced in November 2014 that Johnson amp Johnson would have another chance for payback after a multibillion dollar trial was set for November 20 2014 A New York federal court judge would hear the case without a jury to decide whether Boston Scientific should be held liable for the contract breach 94 Transvaginal mesh edit Boston Scientific is one of several manufacturers of a medical device called transvaginal mesh a type of surgical mesh used to treat pelvic organ prolapse Experts concluded that the medical company had used cheap counterfeit resin which was both toxic and degraded when exposed to oxygen 95 96 When this was announced on 60 Minutes Boston Scientific responded by saying the broadcast was irresponsible and misleading 97 citing a 2017 Food and Drug Administration FDA report stating that although they found variability in the polypropylene resin these differences do not present new safety or effectiveness concerns 98 One woman who sued in 2011 was awarded 100 million Two operations had failed to remove all the parts of the mesh and she was still in pain The company appealed the decision and had the amount reduced to 10M 99 In 2015 Boston Scientific announced it would pay 119 million to 2 970 lawsuit plaintiffs who had been injured by the mesh 100 On March 23 2021 the company agreed to pay 189 million to settle allegations that it had seriously misrepresented the risks related to the vaginal mesh 101 As of Jan 27 2021 around 54 000 lawsuits related to transvaginal meshes had been filed against Boston Scientific 102 In April 2019 the FDA ordered Boston Scientific and Coloplast to remove all of their vaginal mesh products from the United States market 101 In 2020 Johnson amp Johnson was required to pay 344 million for failing to disclose the serious product risks of its transvaginal mesh product 101 NIR stent edit In 2005 Boston Scientific paid 74 million to settle allegations that it had continued to sell NIR stents flexible stents after learning that many of them were defective Twenty six injuries and one death may have been caused by malfunctioning stents 103 Defective defibrillators edit nbsp Guidant Vitalilty AVT implantable cardioverter defibrillator Model A135 the model illustrated was not the subject of the charge In 2011 Guidant a subsidiary of Boston Scientific was criminally convicted of a failure to report defibrillator safety problems to the FDA 104 The company was forced to pay more than 296 million in criminal fines and had to submit to the supervision of the U S Probation Office for three years Even though Guidant knew the devices were defective they continued to sell the defibrillators anyway 105 Guidant LLC had also advised its sales representatives to tell physicians that nothing was wrong with the defibrillators and told the FDA that the proposed corrections were not being done to correct life threatening device flaws but were rather to improve process throughout Not until three deaths had occurred and ten months had passed did the company reveal the defects in 2005 The directives for these wrongdoings had been implemented prior to Boston Scientific s acquisition of Guidant in 2006 106 In 2013 BSC and three of its subsidiaries Guidant LLC Guidant Sales LLC and Cardiac Pacemakers Inc agreed to pay 30 million to settle allegations that according to the Justice Department between 2002 and 2005 Guidant knowingly sold defective heart devices to health care facilities that in turn implanted the devices into Medicare patients 107 108 Bribery allegations edit nbsp Boston Scientific Altrua 50 Dual Chamber Cardiac Pacemaker Type DDDR Model S502 In 2009 Boston Scientific agreed to pay 22 million to settle allegations that its subsidiary Guidant LLC had used kickback schemes to boost sales for its pacemakers cardiac rhythm management or CRM devices and defibrillators implantable cardioverter defibrillators or ICD devices Allegedly Guidant paid doctors between 1 000 and 1 500 each to participate in one of its four post studies known as RaCE 1 500 RaCE II 1 000 RaCE III 1 000 and MERITS 1 000 109 Obsidio Embolic Recall editIn April 2024 the FDA announced a recall of Boston Scientific s device Obsidio Embolic which is used to stop hemorrhaging and excessive bleeding It has been found that when the device is paired with the aliquot technique it can lead to bowel ischemia which can mean longer hospitalization or death for patients 110 Financial restatement editOn November 3 1998 Boston Scientific restated its financial results for 1997 as well as its quarterly results for the first three quarters of 1998 due to the occurrence of business irregularities in the operations of its Japanese subsidiary 111 Notable people editDonald Steven Baim MD 1946 2009 served Chief Medical and Scientific Officer for Boston Scientific from 2006 until his death in 2009 Ian Meredith MD PhD AM born 1956 has been Global Chief Medical Officer and Executive Vice President since January 2017 Ursula Burns born 1958 who served as a Member of Boston Scientific s 13 seat Board of Directors since 2002 resigned after being named Chief Executive Officer of the Xerox Corporation taking effect July 1 2009 and becoming the first African American female CEO of a Fortune 500 company Kristina M Johnson born 1957 PhD who served as a Member of BSC s Board since May 2006 resigned in May 2009 after being confirmed by the U S Senate to serve as Under Secretary in the Department of Energy see Under Secretary of Energy for Infrastructure amp Under Secretary of Energy for Science and Innovation Johnson was re elected to BSC s board January 1 2011 and served in that position until May 2017 Yoshiaki Fujimori born 1951 BSC Board Member since July 2016 James Robert Tobin Jr born 1944 President amp CEO of BSC from 1999 through 2009 John Raymond Elliott Ray born 1950 served as a Board Member from September 2007 to 2009 then in July 2009 re joined the Board and became President amp CEO a position he held until December 31 2011 Before he had served as Chairman of Zimmer Holdings Inc from August 6 2001 to November 30 2007 and President amp CEO from March 20 2001 to May 2007 Locations editHeadquarters and regional centers edit World headquarters Marlborough Massachusetts Europe headquarters Voisins le Bretonneux France Asia Pacific headquarters Boston Scientific Asia Pacific Pte Ltd Singapore U S Government Affairs office Washington D C Latin America headquarters Weston Florida Manufacturing plants edit United States California San Jose Valencia Indiana Spencer Minnesota Arden Hills Maple Grove Georgia Alpharetta Puerto Rico Dorado Malaysia Penang Malaysia Costa Rica Coyol Heredia Cartago Ireland Clonmel Cork Galway Customer fulfillment centers edit Quincy Massachusetts Kerkrade Netherlands Tokyo Japan Institutes for Advancing Science edit Warsaw Poland Minneapolis Saint Paul area Arden Hills Maple Grove Huangpu District Shanghai Japan Miyazaki Tokyo Paris France Gurgaon India Istanbul Turkey Bryanston Johannesburg South Africa In June 2022 Boston Scientific announced that it would invest 62 5 million in a manufacturing and supply chain facility in Johns Creek Georgia a suburb of Atlanta 112 113 In 2016 Boston Scientific had acquired EndoChoice located in Alpharetta 10 8 mi 17 4 km from its proposed Johns Creek facility Subsidiaries editBSC as of December 31 2019 wholly owns or has a majority interest in all of the below mentioned entities 114 Acurate Industria e Comercio Ltda Brazil American Medical Systems Europe B V Netherlands Apama Medical Inc Delaware Augmenix K K Japan Augmenix Inc Delaware Biocompatibles International Limited England Biocompatibles UK Limited England Biocompatibles Inc Delaware Boston Scientific Malaysia Sdn Bhd Malaysia Boston Scientific South Africa Proprietary Limited South Africa Boston Scientific Thailand Ltd Thailand Boston Scientific UK Limited England Boston Scientific AG Switzerland Boston Scientific Argentina S A Argentina Boston Scientific Asia Pacific Pte Ltd Singapore Boston Scientific Benelux NV Belgium Boston Scientific Canada Limited Canada Boston Scientific Ceska republika s r o Czech Republic Boston Scientific Chile SpA Chile Boston Scientific Clonmel Limited in liquidation Ireland Boston Scientific Colombia Limitada Colombia Boston Scientific Comercial de Costa Rica BSCR S R L Costa Rica Boston Scientific Cork Limited in liquidation Ireland Boston Scientific de Costa Rica S R L Costa Rica Boston Scientific de Mexico S A de C V Mexico Boston Scientific del Caribe Inc Puerto Rico Boston Scientific do Brasil Ltda Brazil Boston Scientific Far East B V Netherlands Boston Scientific Gesellschaft m b H Austria Boston Scientific Group plc Ireland Boston Scientific Hellas S A Greece Boston Scientific Hong Kong Limited Hong Kong Boston Scientific Iberica S A Spain Boston Scientific India Private Limited India Boston Scientific International B V Netherlands Boston Scientific International Finance Limited Ireland Boston Scientific International S A France Boston Scientific Ireland Limited in liquidation Ireland Boston Scientific Israel Ltd Israel Boston Scientific Japan K K Japan Tokyo Japan wholly owned subsidiary Boston Scientific Korea Co Ltd Korea Boston Scientific Lebanon SAL Lebanon Boston Scientific Limited England Boston Scientific Limited Ireland Boston Scientific Ltd Boston Scientifique Ltee Canada Boston Scientific Medical Device Malaysia Sdn Bhd Malaysia Boston Scientific Medical Device Limited Ireland Boston Scientific Medizintechnik GmbH Germany Boston Scientific Middle East FZ LLC UAE Boston Scientific Middle East SAL Offshore Lebanon Boston Scientific Nederland B V Netherlands Boston Scientific Neuromodulation Corporation Delaware headquartered in Valencia California founded 1993 Boston Scientific New Zealand Limited New Zealand Boston Scientific Nordic AB Sweden Boston Scientific Peru S A C Peru Boston Scientific Philippines Inc Philippines Boston Scientific Polska Sp z o o Poland Boston Scientific Portugal Dispositivos Medicos Lda Portugal Boston Scientific Pty Ltd Australia Boston Scientific Romania S R L Romania Boston Scientific S A S France Boston Scientific S p A Italy Boston Scientific Scimed Inc Minnesota headquartered in Maple Grove Minnesota Boston Scientific Services Private Limited India Boston Scientific Technology amp Engineering Services Private Limited India Boston Scientific TIP Gerecleri Limited Sirketi Turkey Boston Scientific Uruguay S A Uruguay Boston Scientific Vietnam Company Limited Vietnam Bravo Bidco Limited England BSC International Medical Trading Shanghai Co Ltd China BSC Medical Device Technology Shanghai Co Ltd China BTG Australasia Pty Ltd Australia BTG Europe B V Netherlands BTG IM Holdings Ltd Israel BTG International Holdings Limited England BTG International Asia Limited Hong Kong BTG International Canada Inc Canada BTG International Germany GmbH Germany BTG International Healthcare Inc Delaware BTG International Healthcare Limited Delaware BTG International Healthcare LLC Delaware BTG International Inc Delaware BTG International Limited England BTG Limited England BTG Management Services Limited England BTG Medikal Limited Sirketi Turkey Cardiac Pacemakers Inc Minnesota headquartered in Saint Paul Minnesota publicly traded CeloNova BioSciences Germany GmbH in liquidation Germany Claret Medical Inc Delaware Cosman Medical LLC Massachusetts based in Marlborough and Burlington Massachusetts Cryterion Medical Inc Delaware Cryterion Medical Ireland Limited Ireland EKOS LLC Delaware Electron Acquisition Corporation Delaware EMcision International Inc Canada EndoChoice GmbH in liquidation Germany EndoChoice Holdings Inc Delaware EndoChoice Inc Delaware based in Alpharetta Georgia EndoChoice Innovation Center Ltd Israel EndoChoice Israel Ltd Israel EP Technologies Inc Delaware based in Sunnyvale California Galil Medical Inc Delaware Galil Medical Ltd Israel Galil Medical UK Limited England Guidant Delaware Holding Corporation Delaware Guidant Europe NV Belgium Guidant Puerto Rico B V Netherlands Hong Kong Medtech Trading Limited Hong Kong Millipede Inc Delaware Notebook Merger Sub Ltd Delaware Novate Medical Limited Ireland nVision Medical Corporation Delaware NXT Merger Corp Delaware NxThera Inc Delaware PneumRx GmbH Germany PneumRx Liimited England PneumRx LLC Delaware Protherics Medicines Development B V Netherlands Protherics Medicines Development Limited England Protherics UK Limited England Provensis Limited England PT Boston Scientific Indonesia Indonesia RMI Acquisition Corp California Robert S Smith M D Inc Georgia based in Alpharetta Georgia Roxwood Medical Inc Delaware Sadra Medical Inc Delaware based in Los Gatos California founded 2003 Securus Medical Group Inc Delaware SNS Merger Corp Delaware Special K Merger Corp Delaware StarMedTec GmbH in liquidation Germany Stream Enterprises LLC Delaware Symetis SA Switzerland Target Therapeutics Inc Delaware headquartered in Fremont California founded 1991 Veniti Inc Delaware Vertiflex Inc Delaware Zuma Investment Pty Ltd Australia 34 Biomedical Merger Corp Delaware 9357 1867 Quebec Inc Canada Bibliography editNotes edit Equivalent to about 3 5 billion in 2023 10 11 a b c d e f Form 10K December 31 2023 SEC Report a b Wood March 4 2004 a b Cameron Health June 8 2012 EMBLEM S ISC System 2020 a b About Boston Scientific MassDevice June 9 2010 Business Entity Summary Chicago Tribune April 4 1992 p 2 Consumer Price Index McCusker October 1991 New York Times October 10 1995 p 4D Rodengen 2001 p 163 Lee 2018 p 116 Precision Vascular Systems April 7 2004 Advanced Bionics Corporation June 1 2004 Advanced Stent Technologies December 16 2004 TriVascular April 18 2005 a b Sacramento Business Journal March 23 2008 CryoVascular Systems April 18 2005 Rubicon Medical Corporation June 14 2005 TriVascular sale of BSSR March 31 2008 Guidant January 8 2006 NBC News January 25 2006 Guidant April 21 2006 Karim November 2012 Fluid Management amp Venous Access December 13 2007 CryoCor May 28 2008 CryoCor Merger April 16 2008 Xconomy August 5 2008 Labcoat Ltd January 6 2009 Seattle Times August 13 2011 Asthmatx October 26 2010 Ford July 22 2020 Atritech January 19 2011 Intelect Medical January 5 2011 Sadra Medical January 4 2011 Neurovascular business January 3 2011 BridgePoint Medical September 19 2012 Rhythmia Medical October 8 2012 Vessix Vascular November 8 2012 Bard Electrophysiology November 1 2013 C R Bard Electrophysiology June 28 2013 IoGyn May 6 2014 Bayer Interventional Business September 2 2014 Bloomberg News March 2 2015 Xlumena April 1 2015 MValve Technologies October 8 2015 Market Realist May 13 2016 Cosman Medical July 27 2016 EndoChoice November 22 2016 MassDevice August 27 2016 Resectr Tissue Resection Device November 15 2016 Neovasc Advanced Biological Tissue December 12 2016 Symetis May 16 2017 Apama Medical October 2 2017 nVision Medical April 16 2018 NxThera April 30 2018 Securus Medical Group April 3 2018 Cryterion Medical July 5 2018 VENITI August 8 2018 Claret Medical August 2 2018 Augmenix October 16 2018 Keown November 20 2018 Terry December 28 2018 Vertiflex May 9 2019 Preventice Solutions January 21 2021 Lumenis Surgical Business March 3 2021 NS Medical Devices November 20 2019 Farapulse June 24 2021 Devoro Medical September 21 2021 Reuters October 6 2021 Globe and Mail October 6 2021 M I Tech Co June 15 2022 Fierce Biotech May 25 2023 Obsidio August 15 2022 Boston Scientific Announces Agreement to Acquire Relievant Medsystems Inc www prnewswire com Press release Retrieved September 19 2023 Boston Scientific Announces Agreement to Acquire Axonics Inc Glassdoor 2018 Glassdoor 2019 Glassdoor 2022 Working Mother 2018 Diversity amp Inclusion 2021 Performance Report Forbes January 19 2019 Diversity May 2 2022 3BL CSRwire May 5 2022 Bloomberg Gender Equality Index Working Mother 2017 Working Mother 2018 2019 2020 Human Rights Campaign Deen 2021 Wall Street Journal February 2 2010 Reuters November 19 2014 CBS News April 17 2019 CNN Business January 14 2016 MassDevice May 14 2018 APOPS May 14 2018 Reuters October 9 2015 Reuters May 28 2015 a b c MedTech Intelligence March 23 2021 Boston Business Journal March 23 2021 Boston June 21 2011 U S Department of Justice January 12 2011 U S Department of Justice January 27 2011 MassDevice April 6 2010 Strom January 25 2020 GlobalData June 2022 MassDevice December 23 2009 FDA classifies recall of Boston Scientific device as most serious Reuters April 17 2024 Retrieved April 23 2024 Irregularities in Japanese Subsidiary November 3 1998 Atlanta Journal Constitution June 28 2022 Atlanta Business Chronicle June 30 2022 BSC Annual Report 2020 Exhibit 21 References edit Books journals reports alphabetical by author Human Rights Campaign Corporate Equality Index 2013 January 8 2013 2014 PDF 2015 PDF 2016 PDF 2017 PDF 2018 PDF 2019 PDF 2020 PDF 2021 PDF 2022 PDF GlobalData Boston Scientific Corp BSX Pharmaceuticals amp Healthcare Deals and Alliances Profiles Report Code GDPH519D June 2022 ProQuest 2479649577 ABI INFORM Collection OCLC 1316314935 all editions Boston Scientific Corp BSX Medical Devices Product Pipeline Summary Report Code GDME519PR June 2022 ProQuest 2455689963 ABI INFORM Collection OCLC 1264916328 all editions Karim Samina November 2014 Exploring Structural Embeddedness of Product Market Activities and Resources Within Business Units Strategic Organization 10 4 333 365 doi 10 1177 1476127012457981 ISSN 1476 1270 JSTOR 43581880 S2CID 153835662 SSRN 2008240 or doi 10 2139 ssrn 2008240 Lee Jen Shih December 6 2018 Being a Biomedical Entrepreneur Growth of the Biomedical Industry World Scientific p 116 ISBN 978 9 8132 7044 2 OCLC 1121389723 Retrieved July 6 2022 via Google Books McCusker John James October 1991 How Much Is That in Real Money A Historical Commodity Price Index for Use as a Deflator of Money Values in the Economy of the United States PDF Proceedings of the American Antiquarian Society 101 Part 2 297 373 OCLC 1105608998 Retrieved July 6 2022 Addenda et Corrigenda PDF October 1996 pp 327 334 OCLC 53347080 Rodengen Jeffrey Lee 2001 VanZile Jon ed The Ship in the Balloon The Story of Boston Scientific and the Development of Less Invasive Medicine Write Stuff Enterprises Inc pp 161 187 ISBN 9780945903505 LCCN 97062158 OCLC 709541908 Retrieved June 22 2022 via Internet Archive Magazines websites alphabetical by publication website APOPS 60 Minute Mesh Expose One Sided Noise Generates Fear on Mother s Day APOS Racine Wisconsin Association for Pelvic Organ Prolapse Support APOPS May 14 2018 Retrieved February 15 2022 Bloomberg Gender Equality Index Bloomberg Professional Services Retrieved April 16 2019 Boson Elton Catherine June 21 2011 Boston Scientific and the Road to Ruin Boston Retrieved February 16 2022 Business Entity Summary Massachusetts Secretary of the Commonwealth Boston Scientific ID No 042695240 Retrieved July 6 2022 Consumer Price Index 1800 Federal Reserve Bank of Minneapolis Forbes Valet Vicky January 15 2019 The Best Employers for Diversity 2019 Ranking Forbes Archived from the original on January 16 2019 Retrieved April 16 2019 via Internet Archive Glassdoor current Best Places to Work 2018 Best Places to Work Boston Scientific 35 4 4 stars 2019 Best Places to Work Boston Scientific 56 4 3 stars Best Places to Work 2022 Boston Scientific 52 4 3 stars Market Realist Collins Sarah May 13 2016 Overview of Boston Scientific a Leading Medical Device Company Retrieved August 6 2020 Strom Law Firm Strom Pete January 25 2020 Boston Scientific to Settle Defective Defibrillator Medicare Fraud Lawsuit Retrieved February 16 2022 US Black Engineer and Information Technology Deen Lango 2021 Top Supporters and the Abet Accredited Engineering Schools at Historically Black Colleges and Universities US Black Engineer and Information Technology Vol 45 no 2 Baltimore Career Communications Group pp 24 27 ISSN 1088 3444 JSTOR 48634926 OCLC 9371713313 Retrieved July 6 2022 via ISSUU Working Mother ISSN 0278 193X OCLC 1054395887 937624959 16828281 1126465630 and 1113176889 The magazine ceased publication in 2021 100 Best Companies Highlights Vol 40 no 4 October November 2017 pp 28 29 82 ProQuest 1942180289 100 Best Companies 2018 Vol 41 no 4 October November 2018 pp 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 68 70 ProQuest 2130239079 100 Best Companies 2019 Vol 42 no 4 October November 2019 pp 39 42 44 46 48 50 52 54 56 58 60 62 ProQuest 2305786349 TOP 10 Empathetic Employers Vol 43 no 4 October November 2020 pp 18 20 22 24 26 28 30 32 34 41 ProQuest 2448689559 Xconomy Timmerman Luke August 5 2008 Boston Scientific Spin off Aiming to Tap Veins Without Causing Infections Retrieved February 23 2009 News media alphabetical by publication website Atlanta Business Chronicle Schilling Erin June 30 2022 Boston Scientific to Open Atlanta Plant Atlanta Business Chronicle American City Business Journals ISSN 0164 8071 Retrieved July 6 2022 print ed Atlanta Journal Constitution Kann Drew Trubey J Scott June 28 2022 Medical device company plans 62 5 million facility in Johns Creek Atlanta Journal Constitution ISSN 1539 7459 Archived from the original on June 30 2022 Retrieved October 13 2022 BioSpace Keown Alex November 20 2018 Boston Scientific to Acquire U K Medical Device Company BTG for 4 2 Billion Retrieved November 21 2018 Terry Mark December 28 2018 Boston Scientific Exercises 325 Million Option to Buy Millipede Retrieved January 3 2019 Bloomberg News McLaughlin Kim March 2 2015 Boston Scientific Buys Endo Men s Health Unit for 1 6 Billion Bloomberg News US ed EBSCOhost 140889079 Boston Business Journal Bartlett Jessica March 23 2021 Boston Scientific Pays 189M to States to Settle Mesh Lawsuits Boston Business Journal American City Business Journals Retrieved May 20 2022 CBS News Pelley Scott April 17 2019 May 13 2018 Gynecological Mesh The Medical Device That Has 100 000 Women Suing CBS News Archived from the original on May 14 2018 Retrieved May 14 2018 A common surgical implant has generated the largest multi district litigation since asbestos 60 Minutes reports on one of the device s manufacturers Boston Scientific now facing 48 000 lawsuits Chicago Tribune Morris Steven April 4 1992 Sale of Boston Scientific Could Net Abbot 185 Million Chicago Tribune Vol 145 no 95 North Sports Final ed p 2 section 2 via Newspapers com LCCN 2011 267055 ISSN 1085 6706 print OCLC 60639020 all editions article on Chicago Tribune s blog April 4 1992 CNN Business Wattles Jackie January 14 2016 Boston Scientific Accused of Using Counterfeit Ingredients CNN Business Retrieved February 15 2022 ProQuest 1756736911 US Newsstream database Fierce Biotech Park Andrea May 25 2023 Boston Scientific nixes 230M acquisition of stent maker M I Tech citing regulatory roadblocks Fierce Biotech Retrieved June 1 2023 The Globe and Mail Silcoff Sean October 6 2021 updated October 7 2021 Ex Liberal MP Frank Baylis Scores Windfall as Boston Scientific Buys His Heart Device Business for US 1 75 Billion The Globe and Mail ISSN 0319 0714 Retrieved July 6 2022 MassDevice Boston Scientific Settles Guidant Kickback Case for 22 Million MassDevice WTWH Media LLC December 23 2009 Retrieved February 16 2022 Guidant Cops Guilty Plea Makes 296 Million Settlement Official MassDevice WTWH Media LLC April 6 2010 Retrieved February 16 2022 Perriello Brad June 9 2010 MassDevice Q amp A Boston Scientific Co Founder John Abele MassDevice WTWH Media LLC Retrieved July 6 2022 Perriello Brad September 27 2016 Boston Scientific to pay 210m for EndoChoice MassDevice WTWH Media LLC Retrieved October 13 2022 Densford Fink May 14 2018 Update 60 Minutes Report Claims Unapproved Plastic Sources Used in Boston Scientific Pelvic Meshes MassDevice WTWH Media LLC Retrieved February 15 2022 Medical Device and Diagnostic Industry MD DI Ford Omar July 22 2020 Boston Sci Wins Nod for Next Gen Watchman Device Medical Device and Diagnostic Industry MD DI Retrieved October 13 2022 Medscape Wood Shelley March 4 2004 FDA Approves Taxus Paclitaxel Eluting Stent Medscape Retrieved February 20 2015 MedTech Intelligence Boston Scientific Settles Surgical Mesh Claims for Nearly 189 Million MedTech Intelligence Innovative Publishing Company Inc March 23 2021 Retrieved February 15 2022 NBC News Guidant Battle Ends in Favor of Boston Scientific NBC News AP January 25 2006 Retrieved February 11 2008 The New York Times Company News Boston Scientific to Acquire EP Technologies The New York Times Vol 145 no 50210 Late East Coast ed Reuters October 10 1995 p 4 section D Archived from the original on July 7 2022 Retrieved July 7 2022 alternate access permalink The New York Times via TimesMachine ProQuest 430375451 ProQuest 430365512 US Newsstream database NS Medical Devices Baring Private Equity Asia to Buy Lumenis in 1bn Deal November 20 2019 Retrieved July 6 2022 Reuters Ax Joseph November 19 2014 J amp J Seeks Over 5 Billion in Damages From Boston Scientific at Trial Reuters Archived from the original on October 20 2015 Dye Jessica May 28 2015 Boston Scientific Ordered to Pay 100 Million in Transvaginal Mesh Trial Reuters Retrieved May 14 2018 Dye Jessica October 9 2015 Boston Scientific Mesh Verdict Slashed to 10 Million Reuters Retrieved February 15 2022 Boston Scientific to Buy Baylis Medical for 1 75 Billion Reuters October 6 2021 Sacramento Business Journal Boston Scientific Sells off Santa Rosa Division Sacramento Business Journal American City Business Journals March 23 2008 Retrieved July 7 2022 Seattle Times Bernton Hal August 13 2011 Army Whistle Blower Fights to Clear Name Seattle Times p 1 Wall Street Journal Kamp Jon February 2 2010 Boston Scientific to Pay J amp J 1 73B to Settle Stent Patent Disputes Wall Street Journal Vol 255 no 26 p B3 EBSCOhost 48080573 Press releases alphabetical by date Medical Device Manufacturer Guidant Sentenced for Failure to Report Defibrillator Safety Problems to FDA Press release U S Department of Justice January 12 2011 Retrieved February 16 2022 United States Files Suit Against Guidant and Boston Scientific for Selling Defective Heart Devices That Were Implanted in Medicare Patients Press release U S Department of Justice January 27 2011 Retrieved February 16 2022 Primary sources via Boston Scientific About Boston Scientific Corporate Overview Our History Retrieved February 20 2015 Diversity amp Inclusion 2018 Retrieved April 17 2019 Boston Scientific Named a Best Employer for Diversity in 2022 May 2 2022 Retrieved July 5 2022 Boston Scientific Announces Acquisition of Precision Vascular Systems Inc April 7 2004 Boston Scientific Announces Acquisition of Advanced Bionics Corporation June 1 2004 Retrieved May 20 2022 Boston Scientific Enters Into Definitive Agreement to Acquire Advanced Stent Technologies Inc December 16 2004 Retrieved May 20 2022 Boston Scientific Announces Acquisition of TriVascular Inc April 18 2005 Boston Scientific Announces Decision to Acquire CryoVascular Systems April 18 2005 Boston Scientific Completes Accquisition of Rubicon Medical Corporation June 14 2005 Boston Scientific Submits Definitive Offer to Acquire Guidant for 72 Per Share in Cash and Stock January 8 2006 EMBLEM S ICD System Subcutaneous Implantable Defibrillator 2020 2016 EMBLEM S ICD System Model A209 Archived from the original on February 26 2016 Retrieved February 26 2016 EMBLEM MRI S ICD System Model A219 Retrieved June 22 2022 2021 Performance Report Advancing Science for Life PDF Retrieved July 9 2022 Boston Scientific Named a Best Employer for Diversity in 2022 3BL CSRwire May 5 2022 Retrieved July 9 2022 Primary sources via PR Newswire by date Boston Scientific Addresses Japan Business Irregularities November 3 1998 Archived from the original on February 14 2015 via The Free Library ProQuest 447205826 Boston Scientific Completes Combination with Guidant April 21 2006 Retrieved February 11 2008 Boston Scientific Agrees to Sell Fluid Management and Venous Access Businesses to Avista Capital Partners for 425 Million December 13 2007 Boston Scientific Announces Sale of TriVascular Endovascular Aortic Repair Program March 31 2008 Retrieved July 7 2022 Boston Scientific and CryoCor Announce Signing of Definitive Merger Agreement April 16 2008 Boston Scientific Completes Acquisition of CryoCor May 28 2008 Boston Scientific Acquires Labcoat Limited January 6 2009 Boston Scientific Completes Acquisition of Asthmatx October 26 2010 Boston Scientific Completes Sale of Neurovascular Business January 3 2011 Boston Scientific Completes Acquisition of Sadra Medical January 4 2011 Boston Scientific Acquires Intelect Medical January 5 2011 Boston Scientific to Acquire Atritech January 19 2011 Boston Scientific Closes Cameron Health Acquisition June 8 2012 Retrieved February 26 2016 Boston Scientific to Acquire BridgePoint Medical Inc September 19 2012 Boston Scientific to Acquire Rhythmia Medical Inc October 8 2012 Boston Scientific to Acquire Vessix Vascular Inc November 8 2012 Boston Scientific to Acquire C R Bard Electrophysiology Business June 28 2013 Boston Scientific Completes Acquisition of Bard Electrophysiology November 1 2013 Boston Scientific to Acquire IoGyn Inc May 6 2014 Boston Scientific Closes Acquisition of Interventional Business of Bayer AG September 2 2014 Boston Scientific Agrees to Acquire Xlumena April 1 2015 Boston Scientific Announces Additional Investment and Right to Acquire MValve Technologies October 8 2015 Boston Scientific Announces Acquisition of Cosman Medical July 27 2016 Boston Scientific Acquires Resectr Tissue Resection Device From Distal Access LLC November 15 2016 Boston Scientific Closes EndoChoice Acquisition November 22 2016 Boston Scientific Announces Agreement to Acquire Neovasc Advanced Biological Tissue Capabilities December 12 2016 Boston Scientific Closes Symetis Acquisition May 16 2017 Boston Scientific Announces Agreement to Acquire Apama Medical October 2 2017 Boston Scientific Announces Acquisition of Securus Medical Group Inc April 3 2018 Boston Scientific Announces Acquisition of nVision Medical Corporation April 16 2018 Boston Scientific Closes NxThera Acquisition April 30 2018 Primary sources via BioSpace by date Boston Scientific to Acquire Cryterion Medical Inc July 5 2018 Retrieved September 24 2018 Boston Scientific Closes Acquisition of Claret Medical Inc Announces Positive Reimbursement Decision August 2 2018 Retrieved October 21 2018 Boston Scientific Announces Agreement to Acquire VENITI Inc August 8 2018 Retrieved October 21 2018 Boston Scientific Closes Acquisition of Augmenix Inc October 16 2018 Retrieved October 21 2018 Boston Scientific Announces Agreement to Acquire Vertiflex Inc May 9 2019 Retrieved June 2 2019 Boston Scientific Announces Agreement to Acquire Preventice Solutions Inc January 21 2021 Retrieved January 21 2021 Boston Scientific Announces Agreement to Acquire Lumenis Ltd Surgical Business From Baring Private Equity Asia March 3 2021 Retrieved March 4 2021 Boston Scientific Exercises Option to Acquire Farapulse Inc June 24 2021 Retrieved June 30 2021 Boston Scientific Announces Agreement to Acquire Devoro Medical Inc September 21 2021 Retrieved September 23 2021 Boston Scientific Announces Agreement to Purchase Majority Stake of M I Tech Co Ltd From Synergy Innovation Co Ltd June 15 2022 Retrieved June 16 2022 Boston Scientific Announces Acquisition of Obsidio Inc June 15 2022 Retrieved August 15 2022 Primary sources financials Boston ScientificAnnual Reports 2019 PDF Retrieved July 7 2022 2020 PDF Retrieved July 7 2022 2021 PDF Retrieved July 7 2022 2022 PDF Retrieved August 16 2023 Boston Scientific Corp SEC Report Archived from the original on September 21 2022 Retrieved September 21 2022 Boston Scientific Form 10 Ks fiscal year end December 31 U S Securities and Exchange Commission December 31 2023 filed February 20 2024 Retrieved February 21 2024 External links editOfficial website Business data for Boston Scientific BloombergGoogleReutersSEC filingsYahoo Boston Globe The Kerber Ross May 17 2005 Gamble Wins Big at Boston Scientific Stent Maker Soars Despite Major Recall nbsp Vol 267 no 137 p F5 ISSN 0743 1791 Retrieved March 12 2006 publication ProQuest 404957389 US Newsstream database alternate access via Newspapers com link Retrieved July 7 2022 Retrieved from https en wikipedia org w index php title Boston Scientific amp oldid 1220409115, wikipedia, wiki, book, books, library,

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