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Boston Scientific to acquire Devoro Medical for up to $336M · Endata

◂ Announcements

Medical Devicesworld trade 2024+5.1% 5Y CAGR

Sep 21, 2021ACQUISITIONUnited States

Boston Scientific to acquire Devoro Medical for up to $336M

Boston Scientific announced an agreement to acquire Devoro Medical, developer of the WOLF Thrombectomy Platform, for an upfront payment of approximately $269 million for the 84% stake not yet owned, plus up to $67 million in milestones.

Value

$336.0M

Status

Announced

ProductsWOLF Thrombectomy Platformmechanical thrombectomy devices

CompaniesBoston Scientific acquirer Devoro Medical target

Sectors#Medical Devices

“Today, Boston Scientific Corporation (NYSE: BSX) announced an agreement to acquire Devoro Medical, Inc., developer of the WOLF Thrombectomy® Platform.”news.bostonscientific.com

1 source
news.bostonscientific.comBoston Scientific Announces Agreement to Acquire Devoro Medical, Inc.Sep 21, 2021

Summarized from public sources; check the original articles before acting on it.

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