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SERB

Boston Scientific completes Preventice buy, divests BTG Pharmaceutical business

March 2, 2021 By Sean Whooley

Boston Scientific (NYSE:BSX) announced that it completed its acquisition of Preventice Solutions that could be worth up to $1.225 billion. The transaction includes a cash payment of $925 million upfront with up to an additional $300 million in potential commercial milestone payments available. Accounting for the company’s approximately 22% equity stake in Preventice prior to the […]

Filed Under: Business/Financial News, Cardiovascular, Diagnostics, Featured, Health Technology, Mergers & Acquisitions, Pharmaceutical, Software / IT Tagged With: Boston Scientific, BTG, Preventice, SERB

Boston Scientific to sell BTG Specialty Pharmaceuticals for $800M

December 1, 2020 By Sean Whooley

Boston Scientific (NYSE:BSX) announced today that it entered into a definitive agreement to sell its BTG Specialty Pharmaceuticals business. Marlborough, Mass.-based Boston Scientific is selling BTG for $800 million in cash to Stark International Lux S.A.R.L. and SERP SAS, both affiliates of European specialty pharmaceutical group SERB, according to a news release. SERB, which is backed […]

Filed Under: Business/Financial News, Featured, Mergers & Acquisitions, Pharmaceutical Tagged With: Boston Scientific, BTG, SERB

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