- Business
- Boston Scientific Corporation Boston Scientific Corporation develops, manufactures, and markets innovative minimally invasive medical devices for interventional cardiology, cardiac rhythm management, peripheral interventions, electrophysiology, neurovascular intervention, endoscopy, urology, gynecology, neuromodulation, oncology, respiratory, digestive, and neurological conditions; its core products include drug-eluting stents such as Taxus, implantable cardioverter-defibrillators like EMBLEM S-ICD, intravascular ultrasound systems, cardiac ablation controllers, embolization devices, guidewires, imaging systems, lasers for BPH and lithotripsy, defect closure devices, FFR and IVUS systems, OverStitch endoscopic systems, Orbera intragastric balloons, and WATCHMAN left atrial appendage closure devices. The company operates through MedSurg and Cardiovascular segments, serving physicians treating complex patient needs worldwide across 127 countries including the U.S., Europe, Middle East, Africa, Asia-Pacific, Latin America, and Canada, with world headquarters in Marlborough, Massachusetts, and regional centers in France, Singapore, Washington D.C., and Weston, Florida. Founded in 1979 by John Abele and Peter Nicholas as a holding company for Medi-Tech, Inc., Boston Scientific employs 53,000 people and invests $1.6 billion annually in R&D, launching approximately 100 new products in 2024 while generating $16.7 billion in net sales. Recent strategic expansions include the $3.7 billion acquisition of Axonics, Inc. completed in November 2024 to bolster urology offerings; agreements to acquire Bolt Medical for up to $664 million in January 2025 to enhance intravascular lithotripsy for coronary and peripheral artery disease; SoniVie Ltd. for $540 million in March 2025 to expand hypertension treatment via ultrasound renal denervation; and Nalu Medical, Inc. for approximately $533 million announced in October 2025, expected to close in the first half of 2026, adding micro-implantable peripheral nerve stimulation for chronic pain.