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March 26, 2016
Table of Contents

1 Introduction
Boston Scientific



The Boston Scientific Corporation () (abbreviated BSC), is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a range of interventional medical specialties, including interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology.

Boston Scientific is well known for the development of the Taxus Stent, a drug-eluting stent which is used to open clogged arteries. This product was at the center of a claim of patent infringement on the part of Boston Scientific, which was found liable for $431 million in damages.

Boston Scientific's main competitors are Johnson & Johnson, Medtronic, and St. Jude Medical.

The company recently acquired longtime competitor Guidant for approximately $27 billion. The former Guidant was split between BSC and Abbott Laboratories.

Navilyst Medical was formed in February 2008 from Boston Scientific's Fluid Management and Vascular Access business units.

Beginning in 2003, Johnson & Johnson and Boston Scientific have been involved in a series of litigation involving patents covering heart stent medical devices. Both parties claimed that the other had infringed upon their patents. The litigation was settled once Boston Scientific agreed to pay $716 million to J&J in September 2009 and an additional $1.73 billion in February 2010.

  • Boston Scientific official web site .

  • Yahoo! - Boston Scientific Corporation Company Profile .

  • Boston Scientific stock performance chart from GStock

  • "Gamble wins big at Boston Scientific" , boston.com.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Boston Scientific".

Last Modified:   2010-12-07

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