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Boston Scientific - Biotech, Pharma and Life Science Channel

09:05 EDT 20th May 2013 | BioPortfolio

Boston Scientific is a global medical device company, the 8th largest (based on annual sales, which were over $8 billion in 2010).

It is the world's second largest maker of heart devices; products of note include Taxus Express stent and Cognis cardiac resynchronization therapy defibrillator. In addition to the cardiology (managed through the Interventional Cardiology and Cardiac Rhythm Management businesses), Boston Scientific also comprised of the following businesses; The Endovascular Unit (concerned with peripheral interventions, neurovascular and electrophysology), the Endoscopy Division (focusing on gastroenterology and pulmonary cases), Urology and Women's Health Division and Neuromodulation Division (specializing in Pain Management).

With over a million dollars spent annually on R&D, Boston Scientific are leading many clinical trials.

Source; Adapted from Fierce BioTech and Boston Scientific websites

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Medical and Biotech [MESH] Definitions

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