Boston Scientific (BSX), Philips (PHG) Enter Imaging Equipment Sales Agreement

May 14, 2012 8:33 AM EDT
Boston Scientific Corporation (NYSE: BSX) and Royal Philips Electronics (NYSE: PHG) announced a collaboration enabling Philips to sell Boston Scientific Imaging equipment in connection with its Allura Xper catheterization (cath) lab systems in territories throughout the world.

The Boston Scientific iLabâ„¢ Ultrasound Imaging System serves as a versatile platform for utilizing Boston Scientific's imaging catheters. The iLab System features exceptional image quality and allows physicians the ability to choose from a variety of imaging catheters for coronary, peripheral and intracardiac applications. The iLab System is compatible and can be integrated with all major X-ray systems including the Philips Allura Xper system. This agreement gives Philips the ability to offer customers an integrated imaging solution that is compatible with current and next-generation Boston Scientific imaging catheters.


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