Boston Scientific Corp - Company Profile

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Boston Scientific Corp: Overview

Boston Scientific Corp (Boston Scientific) is a medical technology company that develops, manufactures and commercializes devices for a range of interventional medical specialties. The company offers products in the areas of electrophysiology, gastroenterology, gastrointestinal surgery, female pelvic medicine, gynecology, interventional cardiology, interventional radiology, neurological surgery, orthopedic surgery, pain medicine, pulmonology, urology and vascular surgery. Boston Scientific serves hospitals, clinics, outpatient facilities and medical offices across the world. The company has manufacturing facilities in the US, Ireland, Costa Rica, Brazil, Malaysia and Puerto Rico. It sells products directly and also through a network of distributors and dealers in Europe, the Middle East, Africa, Asia Pacific and the Americas. Boston Scientific is headquartered in Marlborough, Massachusetts, the US.

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Headquarters United States of America

Address 300 Boston Scientific Way, Marlborough, Massachusetts, 01752-1291


Telephone 1 508 6834000

No of Employees 45,000

Industry Medical Equipment

Ticker Symbol & Exchange BSX (NYSE)

Revenue (2022) $12.7B 6.7% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -32.9% (2022 vs 2021)

Market Cap* $80.4B

Net Profit Margin (2022) XYZ -37.1% (2022 vs 2021)

* As of and is in US$
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Boston Scientific Corp premium industry data and analytics

1,300+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

190+

Medical Pipeline Products

A database of medical devices that are in the process to get approved for sale around the world. Devices that are in development, through to those in the approval process are included.

Products and Services

Products Brands
Gynecology Products Endotak Reliance
Pulmonology Products Contak Renewal
Electrophysiology Products Confient
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Acquisitions/Mergers/Takeovers In November, the company acquired Relievant Medsystems, Inc., a medical technology company.
2023 Plans/Strategy In October, the company announced its plans to open its first factory in China.
2023 Regulatory Approval In October, the company received the US Food and Drug Administration's approval for the WaveWriter Alpha Spinal Cord Stimulator Systems for the treatment of painful diabetic peripheral neuropathy.
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Competitor Comparison

Key Parameters Boston Scientific Corp Johnson & Johnson Abbott Laboratories Medtronic Plc Nevro Corp
Headquarters United States of America United States of America United States of America Ireland United States of America
City Marlborough New Brunswick Abbott Park Dublin Redwood City
State/Province Massachusetts New Jersey Illinois - California
No. of Employees 45,000 152,700 115,000 95,000 1,087
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Michael F. Mahoney Chief Executive Officer; President; Chairman Executive Board 2016 58
Daniel J. Brennan Chief Financial Officer; Executive Vice President Senior Management 2014 57
Mary Beth Moynihan Chief Marketing Officer; Senior Vice President - Market Access Senior Management 2021 -
Ian T. Meredith Chief Medical Officer; Executive Vice President Senior Management 2017 66
Jodi Euerle Eddy Chief Information and Digital Officer; Senior Vice President Senior Management 2020 50
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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