January 26, 2021
Newyork Citybizlist
Boston Scientific manufactures and markets medical devices for heart, digestive, pulmonary, vascular, urological and chronic diseases. Read more
24,730 Followers on Owler
24,730 Followers on Owler
Boston Scientific manufactures and markets medical devices for heart, digestive, pulmonary, vascular, urological and chronic diseases. Read more
Chairman & CEO
Michael F. Mahoney
Annual Revenue
Employees
Sector
Headquarters
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Abbott is Boston Scientific's biggest rival. Abbott was founded in Abbott Park, Illinois} in 1888. Like Boston Scientific, Abbott also competes in the Health Care Equipment sector. Compared to Boston Scientific, Abbott generates $22.1B more revenue.
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Help the Owler community know moreTrending News for Boston Scientific and Boston Scientific's Competitors
January 27, 2021
NS Medical Devices
Abbott gets CE mark for new indications of Panbio Covid-19 Ag rapid test device
The post Abbott gets CE mark for new indications of Panbio Covid-19 Ag rapid test device appeared fir... See more »
January 26, 2021
MarketScreener
BSX Upcoming Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Boston Scientific Corporation Shareholders of Class Action and Lead Plaintiff Deadline: February 3, 2021
(marketscreener.com) Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsui... See more »
Quarterly and Annual Revenue
Trailing 12-Months Trend (TTM)
Annual Revenue
$10.1B
Boston Scientific's revenue is the ranked 15th among it's top 10 competitors. The top 10 competitors average 23.9B. Over the last four quarters, Boston Scientific's revenue has decreased by 8.5%. Specifically, in Q3 2020's revenue was $2.7B; in Q2 2020, it was $2B; in Q1 2020, it was $2.5B; in Q4 2019, Boston Scientific's revenue was $2.9B.
Acquisitions
COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Preventice Solutions, Inc.
Jan 2021
Source »$925M
Preventice is a medical device company that develops and commercializes cardiac monitoring devices for physicians.
Vertiflex, Inc.
May 2019
Source »$465M
Vertiflex develops and commercializes invasive decompression systems for the treatment of lumbar spinal stenosis.
BTG International Ltd.
Nov 2018
Source »$4.2B
BTG focuses on developing and commercializing of pharma products for cancer, vascular and emphysema diseases.
Augmenix, Inc
Sep 2018
Source »$500M
SpaceOAR designs, develops and commercializes hydrogel based medical devices for radiation oncology, urology and cancer surgery.
VENITI, Inc.
Aug 2018
Source »$108M
VENITI designs, develops and manufactures stent systems for the treatment of venous disease.
These are all the companies that Boston Scientific has acquired. Boston Scientific has acquired 26 companies and its latest acquisition was Preventice Solutions, Inc. in Jan 2021. Preventice is a medical device company that develops and commercializes cardiac monitoring devices for physicians.
Boston Scientific Funding History
Since Boston Scientific was founded in 1979, it has participated in 2 rounds of funding. In total Boston Scientific has raised $2.1B. Boston Scientific's last funding round was on May 2020 for a total of $1.7B
ROUND
FUNDING DATE
AMOUNT
INVESTORS
Debt
May 2020
$1.7B
-
IPO
May 1992
$400M
Since Boston Scientific was founded in 1979, it has participated in 2 rounds of funding. In total Boston Scientific has raised $2.1B. Boston Scientific's last funding round was on May 2020 for a total of $1.7B
Investments
FOLLOW STATUS
COMPANY
DESCRIPTION
AMOUNT
INVESTMENT DATE
ROUND
EXIT DATE
These are all the companies that Boston Scientific has invested in. Boston Scientific has invested 26 companies and its latest investment was Preventice Solutions, Inc. in Jan 2021. Preventice is a medical device company that develops and commercializes cardiac monitoring devices for physicians.
Boston Scientific News
January 24, 2021FierceBiotech
FDA approves Boston Scientific's newest deep brain stimulator for Parkinson's disease
FDA approves Boston Scientific's newest deep brain stimulator for Parkinson's disease chale Sun, 01/2... See more »
January 22, 2021FinSMEs
Boston Scientific To Acquire Preventice Solutions, For Up To $1.225 Billion
Boston Scientific (NYSE: BSX) is to acquire...... See more »
January 22, 2021Medical Buyer
Boston Scientific to buy Preventice in deal worth up to $1.225 Billion
Medical device maker Boston Scientific (BSX) - Get Report announced that it has agreed to acquire Pre... See more »
January 22, 2021Markets Insider
ROSEN, LEADING INVESTOR COUNSEL, Reminds Boston Scientific Corporation Investors of Important February 2 Deadline in Securities Class Action; Encourages Investors with Losses Exceeding $100K to Co...
NEW YORK, Jan. 21, 2021 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds pu... See more »
January 21, 2021The Business Journals: Minneapolis/St. Paul
Boston Scientific buying heart-monitoring systems company Preventice
Preventice Solutions, a Twin Cities-based health technology company that makes systems that can monit... See more »
January 18, 202124*7 Magazine
Boston Scientific Launches WaveWriter Alpha Spinal Cord Stimulator Systems in U.S.
The portfolio of four MRI-conditional, Bluetooth-enabled rechargeable and non-rechargeable implantabl... See more »
January 15, 2021Orthopedic Design & Technology
Boston Scientific Releases WaveWriter Alpha Spinal Cord Stimulators in U.S.
Full-body MRI conditional devices combine therapy options for personalized pain relief.... See more »
Boston Scientific Press Releases
September 19, 2020Cision Canada
Approval of Settlement of Canadian Boston Scientific Transvaginal Mesh Litigation
/CNW/ - Siskinds LLP and Siskinds, Desmeules s.e.n.c.r.l. announced today court approval of a Canada-... See more »
June 10, 2020EIN Presswire
Mini-Sling 522 Study and IDE Study Don't Prove Safety
Will transobturator polypropylene slings be next to be banned by the FDA?SANTA BARBARA, CA, 93101, Ju... See more »
March 17, 2020EIN Presswire
Boston Scientific Can't Avoid Liability for Latent Injuries Caused by Vaginal Mesh
Boston Scientific Corporation- the manufacturer responsible for the latent injuries, has not limited ... See more »
November 13, 2019EIN Presswire
Boston Scientific and Urogynecologist Hit with Vaginal Mesh Lawsuit
Boston Scientific Corporation and urogynecologist Valerie Burkard, MD hit with a lawsuit filed by a w... See more »
October 31, 2019EIN Presswire
Boston Scientific Corporation Hit with 3 Lawsuits for Serious Injuries Caused by Obtryx Transobturator Sling
The women are 'newly injured' since the Transvaginal Mesh Multidistrict Litigation in West Virginia (... See more »
September 18, 2019StreetInsider
Boston Scientific Announces Scheduled Presentations at Transcatheter Cardiovascular Therapeutics 2019
MARLBOROUGH, Mass., Sept. 18, 2019 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) today an... See more »
September 18, 2019EIN Presswire
Brightens Path for Vaginal Mesh Lawsuit in Tennessee
Boston Scientific Corporation has been hit with a lawsuit filed by a woman who sustained injuries cau... See more »
Boston Scientific Videos
November 12, 2020Boston Scientific Youtube Channel
"Leadership Perspectives: Leading Her Way with Meghan Scanlon" on YOUTUBE
September 24, 2020Boston Scientific Youtube Channel
"PBS SciGirls Featuring Victoria, Biomedical Engineer" on YOUTUBE
June 17, 2020Boston Scientific Youtube Channel
"Boston Scientific COVID-19 Pandemic Relief" on YOUTUBE
Social Media
Headquarters
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Summary
ABOUT
Overview
Boston Scientific Corp. manufactures and markets medical solutions for heart, digestive, pulmonary, vascular, urological, and chronic diseases. Founded by John Abele and Pete M. Nicholas in 1979 and headquartered in Marlborough, Massachusetts with 24,...
CEO
Boston Scientific's Chairman & CEO, Michael F. Mahoney, currently has an approval rating of 66%. Boston Scientific's primary competitors are Abbott, Medtronic & Cook Medical.Website
bostonscientific.comFrequently Asked Questions about Boston Scientific
When was Boston Scientific founded?
Boston Scientific was founded in 1979Who is Boston Scientific's CEO?
Boston Scientific's CEO is Michael F. MahoneyHow much revenue does Boston Scientific generate?
Boston Scientific generates $10.1B in revenueHow much funding does Boston Scientific have?
Boston Scientific has historically raised $2.1B in fundingWhere is Boston Scientific's headquarters?
Boston Scientific's headquarters is in Marlborough Massachusetts, USA
How many employees does Boston Scientific have?
Boston Scientific has 32,000 employeesWhat sector does Boston Scientific operate in?
Boston Scientific is in Health Care EquipmentWho are Boston Scientific's competitors?
Boston Scientific's top competitors are Abbott, Medtronic, Cook MedicalWho has Boston Scientific invested in?
Boston Scientific's has invested in companies such as Preventice, Saluda Medical, InterVene
