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Boston Scientific Corp: Overview

Boston Scientific Corp (Boston Scientific) is a medical technology company that is involved in the development, manufacturing and commercialization of 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, Puerto Rico and Switzerland. 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.

Headquarters United States of America

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


Telephone 1 508 6834000

No of Employees 41,000

Industry Medical Equipment

Ticker Symbol & Exchange BSX (NYSE)

Revenue (2023) $11.9B 19.9% (2023 vs 2022)

EPS XXX

Net Income (2023) XXX 1384% (2023 vs 2022)

Market Cap* $68.9B

Net Profit Margin (2022) XXX 1,167.1% (2023 vs 2022)

* As of and is in US$

Access premium data and analytics for Boston Scientific Corp

1,100+

Medical Clinical Trials

A database of clinical trials planned, currently ongoing, completed, suspended, withdrawn, and terminated in countries around the world.

750+

Medical Marketed Products

A database of medical devices currently for sale around the world. Devices that have been approved by a regulatory authority are included.

160+

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.

440+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

190+

Clinical Trials

Determine Boston Scientific Corp go-to-market proposition and gain insight into the company’s clinical operations, recruitment, and trial strategy.

50+

Lead Sheet

Understand when and why to target accounts of prospective leads, as well as who to reach out to, drawing on intelligence for Boston Scientific Corp’s relevant decision makers and contact details.

40+

Pipeline Drugs

Identify which of Boston Scientific Corp’s products will be commercialized, helping you to better contend with shifting product portfolios, and allowing you to stay one step ahead of the market.

40+

Catalyst Calendar

Proactively evaluate Boston Scientific Corp’s catalyst impacts to stay ahead of the competition & improve corporate planning. Bolster business development with timely opportunities.

5

Marketed Drugs

Understand Boston Scientific Corp’s commercialized product portfolio to stay one step ahead of the market.

4

Investigators

Review investigator profiles and find information on trial contacts across Boston Scientific Corp, including performance indicators like number of completed trials, and linked attributes such as rehiring statistics.

4

Insights

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1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Boston Scientific Corp’s likely spend across technology areas enabling you to understand the digital strategy.

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Products and Services

Products Brands
Gynecology Products Endotak Reliance
Pulmonology Products Contak Renewal
Urology Products Confient
XXX XXX
XXX XXX
XXX XXX
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History

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

Year Event Description
2022 Contracts/Agreements In December, the company entered into an agreement to acquire majority stake in Acotec Scientific for US$523 million.
2022 Contracts/Agreements In November, the company entered into an agreement to acquire Apollo Endosurgery, Inc.
2022 Financing Agreements In October, the company invested in BeWeld Medical.
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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 41,000 141,700 113,000 95,000 945
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Michael F. Mahoney Chairman; Chief Executive Officer; President Executive Board 2016 57
Daniel J. Brennan Executive Vice President; Chief Financial Officer Senior Management 2014 56
Ian T. Meredith Executive Vice President; Chief Medical Officer Senior Management 2017 65
Jodi Euerle Eddy Senior Vice President; Chief Information and Digital Officer Senior Management 2020 49
Vance R. Brown General Counsel; Secretary; Senior Vice President Senior Management - 52
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