Boston Scientific Corporation is a global medical-technology manufacturer founded in 1979 and listed on the New York Stock Exchange as BSX. Headquartered in Marlborough, Massachusetts, it develops devices and therapies for cardiovascular, neurological, urological, digestive, respiratory and oncological diseases. Its neuroscience businesses include Vercise deep brain stimulation, WaveWriter spinal cord stimulation and other interventional pain and peripheral-nerve therapies. Device regulatory clearances and approvals are product- and indication-specific; its corporate pipeline is not universally approved. Its corporate venture investment activity is branded Boston Scientific Ventures and backs innovative medical solutions from research through commercialization worldwide. The company’s own site reports more than USD1 billion cumulatively invested in over 70 companies since 2012 and over 40 active holdings; this is deployment across a corporate portfolio, not a single externally raised venture fund. Boston Scientific frequently acquires former venture holdings. Direct issuer financing identifies the corporation as Enspire DBS Therapy’s USD2.5 million strategic investor, disclosed in January 2017; the exact investment closing date is unknown. The retained corporate Company identity and older management affiliations are preserved, while balance-sheet debt issuance is distinguished from venture investing and acquisition consideration.
Founded 1979
Team
Arthur C. ButcherExecutive Vice President and Group President, MedSurg and Asia Pacific