Boston Scientific Announces Agreement to Acquire Bolt Medical, Inc.
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Boston Scientific Corporation (NYSE: BSX) has announced a definitive agreement to acquire Bolt Medical, Inc., which develops an advanced laser-based platform for treating coronary and peripheral artery disease. This acquisition aims to expand Boston Scientific's cardiovascular portfolio.
January 08, 2025 | 12:15 pm
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Boston Scientific is acquiring Bolt Medical to enhance its cardiovascular offerings with a new laser-based platform for coronary and peripheral artery disease treatment.
The acquisition of Bolt Medical by Boston Scientific is likely to positively impact BSX's stock price in the short term as it expands its cardiovascular portfolio with a differentiated technology. This strategic move aligns with the company's goals to address coronary and peripheral diseases, potentially increasing its market share and revenue.
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