Boston Scientific Makes Half Billion Dollar GI Endosurgery Play
Boston Scientific is greatly increasing its GI endosurgery capabilities with the acquisition of Apollo Endosurgery, a manufacturer of various device for weight loss-related surgeries.
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News We're Watching: Amazon Drops Wearables, FDA Warns Of Cyber Threat, Researchers Find Parkinson's Biomarker
This week, the FDA issued a cybersecurity threat to gene sequencing platforms from Illumina and Amazon announced it was getting out of the fitness wearables business, while researchers announced a breakthrough in Parkinson's diagnostics.
Boston Scientific announced it will buy medical device company Acotec in an effort to further strengthen its presence in the Chinese market.
The diagnostics company has secured $10m from the foundation to develop a biomarker test for Parkinson’s disease.