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0 0.00328515437252566 0 0.00328515437252566 0.00328515437252566 0.00308695501370048 0.00328515437252566 0.00318605469311307
Stock impact report

FDA clears Bolt Medical's IVL system, backing Boston Scientific's $664m buyout [Yahoo! Finance]

Boston Scientific Corporation (BSX) 
Last boston scientific corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.bostonscientific.com
Company Research Source: Yahoo! Finance
Whilst neither Bolt Medical nor Boston Scientific have publicly unveiled the clearance, the FDA's database lists a 510(k) decision date of 25 th March. Boston Scientific helped establish Bolt Medical in 2019 and has held a 26% stake in the company since. Following promising results for the company's IVL technology, Boston Scientific agreed to acquire a remaining 74% stake in a deal worth up to $664m in January 2025. IVL uses sound waves to break up calcified portions of vessels. The high-frequency, pulsatile pressure fragments calcium lesions using a balloon-based system and helps restore vessel patency. Andrew Thompson, director of therapy research and analysis for medical devices at GlobalData, says that the clearance will see Boston Scientific consolidate its market position given its “already a major player in the percutaneous transluminal angioplasty (PTA) balloon catheter and percutaneous transluminal coronary angioplasty (PTCA) markets.” A Boston Scientific spokesperso Show less Read more
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