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Notizia - Recent Pharma, Healthcare and Biotech Happenings

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Notizia - Recent Pharma, Healthcare and Biotech Happenings

Boston Scientific pays $336M; Boehringer Ingelheim acquires Abexxa Biologics; Oncology, RNA biotech 858 Therapeutics inks $60M Series A; Novartis acquires Arctos Medical

Boston Scientific pays USD 336 Million to acquire blood clot medical device firm Boston Scientific Corp. is shelling out as much as USD 336 million to take over the rest of medical device firm Devoro Medical, which it has held a stake in since 2019. The payment comprises USD 269 million paid upfront for the 84% of the company Boston Scientific does not already own, plus up to USD 67 million in possible milestone payments. The Marlborough-based company added another blood clot removal tool to its suite of medical devices with the acquisition. Fremont, Calif.-based Devoro is behind a platform called "Wolf '', which utilizes tiny, finger-like prongs to catch and...

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