Boston Scientific announces agreement to acquire SoniVie Ltd.
Portfolio Pulse from
Boston Scientific Corporation has announced a definitive agreement to acquire SoniVie Ltd. This acquisition aims to expand Boston Scientific's Interventional Cardiology Therapies offerings with ultrasound-based renal denervation therapy for hypertension treatment.
March 03, 2025 | 12:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Boston Scientific is acquiring SoniVie Ltd to enhance its Interventional Cardiology Therapies with ultrasound-based renal denervation therapy for hypertension treatment.
The acquisition of SoniVie Ltd by Boston Scientific is likely to positively impact BSX's stock price in the short term. This strategic move expands their product offerings in the Interventional Cardiology Therapies sector, specifically targeting hypertension treatment. Such expansions are generally viewed favorably by investors as they can lead to increased market share and revenue growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100