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Boston Scientific to Acquire Devoro for ~$336M

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Boston Scientific to Acquire Devoro for ~$336M

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  • Boston currently holds ~16% equity stake in Devor & acquires the remaining 84% for ~$269M up front and ~$67M upon achievement of clinical & regulatory milestones. The transaction is expected to close in Q4’21
  • The acquisition will advance the peripheral interventions portfolio with the addition of Devoro’s WOLF thrombectomy platform to improve procedural efficiencies & removes blot clots
  • The WOLF technology is designed to targets & capture blood using finger-like prongs that repair and remove thrombi in the arterial and venous systems without damaging blood vessels

Ref: Boston Scientific | Image: MDDI

Click here to­ read the full press release 

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