Boston Scientific announced today that it received expanded FDA 510(k) clearance for its Visual Ice cryoablation system. News of the regulatory nod comes just weeks after the FDA approved the company’s POLARx cryoablation system for treating paroxysmal AFib. Clearance grants the device an indication expansion for use in the treatment of pain associated with tumors. […]
Boston Scientific
The biggest medtech personnel moves so far in 2023
More than halfway through 2023, we’ve seen plenty of movement in the personnel department across medtech. Last July, we broke down the biggest personnel moves in medtech so far in 2022. That was followed up by the full-year report in December. Through more than eight months, the changes atop medtech companies continue to arrive. Some […]
FDA approves POLARx cryoablation system from Boston Scientific
Boston Scientific announced today that it received FDA approval for its POLARx cryoablation system. The new system received an indication for the treatment of patients with paroxysmal AFib. It features the POLARx FIT cryoablation balloon catheter. This device enables two balloon sizes (28 mm and 31 mm) all in one catheter. Cryoablation, a minimally invasive […]
Boston Scientific sales grow 11% in Street-beating Q2
Boston Scientific shares ticked up this morning on second-quarter results that topped the consensus forecast. Shares of BSX rose more than 1% at $53.12 apiece in morning trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up slightly. The Marlborough, Massachusetts-based medtech company posted profits […]
Boston Scientific plans $170M ‘Project Black Bear’ expansion
Boston Scientific is planning an expansion outside Minneapolis for a new divisional headquarters campus. The Marlborough, Massachusetts-based medical device manufacturer is working on the $170 million expansion with the Minneapolis suburb of Maple Grove and the Minnesota Department of Employment and Economic Development (DEED). The project’s backers were using the code name “Black Bear” as […]
Boston Scientific to close California facility, lay off 52 employees
Boston Scientific filed its intention to reduce its workforce amid a California facility closure. The facility closure means a reduction of 52 jobs, adding to the 120 positions cut in Texas earlier this year. This marks the latest round of layoffs in medtech as the industry attempts to navigate difficult economic conditions. MassDevice has reported […]
Boston Scientific wins FDA nod for image-guided programming software for deep brain stim
Boston Scientific announced today that the FDA approved its Vercise Neural Navigator 5 software. When used as part of the Vercise Genus deep brain stimulation (DBS) systems, the software offers clinicians simple, actionable data. It enables efficient programming in the treatment of people with Parkinson’s disease or essential tremor. Vercise Genus delivers targeted electrical stimulation […]
FDA clears Boston Scientific Embold Soft & Packing coils for embolization procedures
Boston Scientific announced that it received FDA 510(k) clearance for its Embold Soft & Packing coils. Marlborough, Massachusetts-based Boston Scientific designed the coils for use in a variety of embolization procedures. They aid in the minimally invasive treatment for blocking one or more blood vessels, obstructing or reducing blood flow. The procedure stops hemorrhaging, prevents […]
Boston Scientific appoints Jessica Mega, Susan Morano to board
Boston Scientific today announced two new appointments to its board of directors. Marlborough, Massachusetts-based Boston Scientific elected Dr. Jessica Mega and Susan Morano to the board. Both appointments go into effect immediately. Mega co-founded Verily Life Sciences, the Google/Alphabet subsidiary focused on life sciences and healthcare. She served as chief medical and scientific officer from […]
5 keys to Mike Mahoney and Boston Scientific’s success
Boston Scientific’s market capitalization has grown nearly 10 times larger since Mike Mahoney joined as CEO in 2011. He shared key insights about corporate strategy at DeviceTalks Boston in May. Boston Scientific is one of the bright spots as the medical device industry goes through a rough patch. It’s more expensive to run a business, […]
The top cardiac care innovation news at Heart Rhythm 2023
The future of cardiac care was on display at the Heart Rhythm Society’s 2023 annual meeting. Medical device companies showcased groundbreaking technologies at Heart Rhythm 2023, May 19-21 in New Orleans. The innovations presented during the event offer new avenues for diagnosis, treatment, and monitoring of cardiovascular conditions, providing hope for patients worldwide. Boston Scientific, […]