Boston Scientific Enters Renal Denervation Market Via Vessix Acquisition

Deal gives Boston Scientific access to the V2 radiofrequency energy-based renal denervation catheter system for drug-resistant hypertension.

Boston Scientific Corp. will enter the nascent renal denervation space in 2013 by paying up to $425 million to acquire privately held Vessix Vascular Inc., the company announced Nov. 8.

The definitive acquisition agreement calls for an upfront payment of $125 million, plus additional clinical- and sales-based milestone payments of...

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