Boston Scientific Acquires BTG with its Interventional Medicine Portfolio

 Boston Scientific Acquires BTG with its Interventional Medicine Portfolio

Boston Scientific Acquires BTG with its Interventional Medicine Portfolio

Shots:

  • Boston acquired BTG in all stocks transaction, for ~$1.07/per share at a premium of 36.6%, with total deal value of $4.2B. The transaction is expected to close in H1’19
  • The acquisition will strengthen Boston’s peripheral intervention platform with BTG’s minimally-invasive treatments like TheraSphere Y-90 radiotherapy, GALI cryoablation and EKOS Endovascular System for treatment of cancer and vascular diseases
  • EKOS system is a FDA approved device used with thrombolytic agents, indicated for pulmonary embolism. TheraSphere Y-90 radiotherapy & GALI system is indicated for liver & renal cancers

Click here to read full press release/ article | Ref: Boston Scientific | Image: BTG International

Vartika Singh

Vartika Singh is a content writer who loves to write research articles and reports at PharmaShots. She has in-depth knowledge of the life sciences industry including the Pharma and Biotech sectors. Any articles written by her can be contacted at connect@pharmashots.com.

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