Boston Scientific Announces Additional Investment And Right To Acquire MValve Technologies

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Go back to Boston Scientific Announces Additional Investment And Right To Acquire MValve Technologies

Boston Scientific (BSX) Closes Additional Financing Round with MValve Technologies

October 8, 2015 6:31 AM EDT

Boston Scientific (NYSE: BSX) announced that it has closed on an additional round of financing with MValve Technologies Ltd., a developer of a percutaneous mitral valve replacement system, designed to work with the Boston Scientific LOTUS Valve, creating a unique mitral regurgitation (MR) treatment solution. Boston Scientific has provided the company with funding since 2012 and has an exclusive option to acquire MValve.

MValve Technologies plans to utilize the new financing, in... More