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New Deal


Announced

Boston Scientific to acquire Devoro Medical for $336m.

Financials

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Transaction Value£245m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned16%
Capital Bid For84%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Domestic

medical devices

United States

Private

Pending

Medical Equipment

Friendly

Majority

Synopsis

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Boston Scientific, a manufacturer of medical devices, agreed to acquire Devoro Medical, a developer of the WOLF Thrombectomy platform for $336m. "Clot management remains a core focus of our business, and upon commercialization, this highly differentiated technology will complement and expand our offerings to a full suite of interventional strategies for thromboemboli, which also includes the EkoSonic™ Endovascular System (EKOS) and the AngioJet™ Thrombectomy System," Jeff Mirviss, Boston Scientific Executive Vice President.

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