Boston Scientific (NYSE:BSX) posted pre-tax profits of $1.4 billion from its Irish unit and other foreign subsidiaries last year, according to the Irish Times.
Marlborough, Mass.-based medical device company Boston Scientific is 1 of the Emerald Isle’s largest employers, with a 4,500-employee workforce there.
The DNA Medicine Institute won a $100,000 grant from the National Institutes of Health to develop a hand-held point-of-care blood sensor.
Eugene Chan, president and chief scientific officer of the Cambridge, Mass.-based company, told MassDevice that DNA Medicine has already developed a "breadboard" prototype of the instrument.
"We are going to be using the grant for testing for acute blood loss scenarios," Chan told us.
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