Boston Scientific Closes Multibillion-Dollar BTG Deal

Boston Scientific has completed the acquisition of UK interventional medicine specialist BTG. The deal, which was announced in November last year is Boston Scientific’s biggest since its controversial 2006 acquisition of heart device maker Guidant Corp. for $27bn.

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Boston Scientific Corp. has closed a $4.2bn deal to buy UK interventional oncology firm BTG PLC. The deal, which was announced in 2018 (Also see "Boston Scientific Agrees To Pay $4.2Bn For UK Interventional Oncology Firm BTG" - Medtech Insight, 20 November, 2018.) is Boston Scientific’s biggest since its 2006 acquisition of heart device maker Guidant Corp. for $27bn.

London-based BTG has three key businesses, the largest of which is its interventional medicine (IM) portfolio that includes interventional oncology...

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