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Boston Scientific Puts Charge In Neuromodulation Business By Acquiring Relievant

 
• By Reed Miller

Relievant’s Intracept intraosseous nerve ablation system is the only FDA-cleared neuromodulation device indicated to treat vertebrogenic pain. Boston Scientific will pay $850m for Relievant, plus undisclosed milestone payments over the next three years.

Lower back pain. Man holding his back in pain. Medical concept.
• Source: Shutterstock

Boston Scientific’s acquisition of Relievant Medsystems Inc. will give the company’s slow-growing neuromodulation business immediate entry into the expanding vertebrogenic pain market.

On 19 September, Boston Scientific announced a definitive agreement to acquire Relievant, a privately held Minneapolis company, for $850m plus undisclosed payments tied to sales milestones over the next three...

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