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BioWorld - Wednesday, May 18, 2022
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Home » Boston Scientific buying cardiac health company Preventice in deal worth up to $1.2B
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Boston Scientific buying cardiac health company Preventice in deal worth up to $1.2B

Jan. 21, 2021
By Liz Hollis
No Comments
Boston Scientific Corp. has agreed to acquire Preventice Solutions Inc. for $925 million up front and up to an additional $300 million in a potential commercial milestone payment. The former has been an investor in Preventice since 2015 and currently holds an equity stake of about 22%, which is expected to result in a net payment of about $720 million upon closing and a milestone payment of up to roughly $230 million. The acquisition is projected to close by the middle of the year.
BioWorld MedTech Deals and M&A Cardiovascular

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