Boston Scientific
↗Marlborough, USA
Boston Scientific is a global leader in the development, manufacture, and marketing of less-invasive medical devices used in a broad range of medical specialties. The company's products are designed to help physicians diagnose and treat complex cardiovascular, respiratory, digestive, oncological, neurological, and urological diseases and conditions.
With a history spanning over 45 years, the company has established itself as a 'category leader' in medtech, particularly in the fields of electrophysiology and structural heart. Boston Scientific is known for its aggressive acquisition strategy, frequently absorbing high-growth startups to bolster its portfolio in high-acuity therapy areas.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:
Industry:Medical Devices
Sub-Industry:Cardiovascular, Neuromodulation, and Endoscopy MedTech
SIZE & FINANCIALS
Employees:10000+
Revenue:$16.7B
Founded:1979
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Investors:Vanguard Group, BlackRock, State Street Corporation
STOCK
Exchange:NYSE
Ticker:BSX
Market Cap:$138.7B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial (FARAPULSE PFA System)
Modalities:Pulsed Field Ablation (PFA), Left Atrial Appendage Closure (LAAC), Spinal Cord Stimulation, Mechanical Thrombectomy, Drug-Coated Balloons
Active Trials:150
Trial Phases:Phase 1: 20 | Phase 2: 45 | Phase 3: 60 | Phase 4: 25
FDA Approvals:100
EMA Approvals:100
CORPORATE STRUCTURE
Subsidiaries:Axonics, Silk Road Medical, Relievant Medsystems, Penumbra (Pending)
Key Partnerships:Nvidia (AI in medical imaging), Mayo Clinic (Clinical research collaboration)
COMPETITION
Position:Leader
Competitors:Medtronic, Abbott Laboratories, Stryker, Johnson & Johnson MedTech, Edwards Lifesciences
LEADERSHIP
Key Executives:
Michael F. Mahoney - Chairman and CEO
Jonathan Monson - CFO (Successor)
Scientific Founders:John Abele, Peter Nicholas
Board Members:Michael Mahoney, Edward Ludwig, Ellen Zane, David Wichmann
LINKS
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