Bionics

Boston Scientific to Explore Sale of Cardiac Surgery and Vascular Surgery Businesses

Published in Lab Law Weekly, September 7th, 2007

Boston Scientific Corporation (NYSE:BSX) announced its intention to explore the sale of its Cardiac Surgery and Vascular Surgery businesses as part of the Company's plan to review its portfolio of assets and divest those considered non- strategic, and to strengthen its operating and financial performance.

"As part of an ongoing review of our assets, we have initiated a process to explore the sale of our Cardiac Surgery and Vascular Surgery businesses," said Paul LaViolette, Chief Operating Officer of Boston Scientific. "If finalized, this sale will support our efforts to focus resources on our core businesses and improve our operating and financial performance. These...

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Source: Lab Law Weekly (2007-09-07)

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