Announced
Completed
Synopsis
Boston Scientific, a biomedical/biotechnology engineering firm, completed the acquisition of Axonics, a medical technology company, for $3.4bn. "Over the last decade, it has been impressive to see the meaningful innovations Axonics has delivered for patients with overactive bladder and incontinence. By closing this acquisition, we're pleased to welcome the Axonics team into Boston Scientific. The addition of the Axonics product portfolio enables us to expand into sacral neuromodulation, a high-growth adjacency for our Urology business, while bringing a comprehensive portfolio of products to patients around the world who are seeking tailored treatment options based on their life stage and incontinence severity," Meghan Scanlon, Boston Scientific Senior Vice President. On March 22, 2024, Axonics stockholders approve the acquisition agreement with Boston Scientific.
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