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Stock impact report

Boston Scientific closes buyout of Valencia Technologies [Yahoo! Finance]

Boston Scientific Corporation (BSX) 
Last boston scientific corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.bostonscientific.com
Company Research Source: Yahoo! Finance
Dive Brief: Boston Scientific has closed its acquisition of incontinence device maker Valencia Technologies, the company said on LinkedIn last week. The buyout gives Boston Scientific control of eCoin, a tibial nerve stimulator that competes with Medtronic's Altaviva for the urge urinary incontinence market. Boston Scientific announced the deal in January. RBC Capital Markets analysts welcomed the deal in a note to investors in January, explaining that the takeover moves Boston Scientific into a high-growth area. Dive Insight: Valencia won premarket approval for eCoin in 2022. The device periodically stimulates the tibial nerve to regulate communication between the brain and bladder. Implanted near the ankle, eCoin helped 68% of participants in a pivotal trial to achieve at least a 50% reduction in urinary urge incontinence episodes. Competition has intensified in recent years, with Bluewind receiving authorization for its Revi device in 2023 and Medtronic getting the gre Show less Read more
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