March 31, 2008
Boston Sci. Sells Business Unit For $30M
By Matthew L. Brown
Natick-based medical device company Boston Scientific Corp. has sold its aortic repair unit to TV2 Holding Co. of California for $30 million in cash.
The aortic repair unit was known as Boston Scientific Santa Rosa Corp. and was formerly known as TriVascular Inc.
In addition to the $30 million, Boston Scientific has been given the opportunity to purchase a minority interest in TV2.
Boston Scientific acquired TriVascular in 2005.
The aortic repair unit was known as Boston Scientific Santa Rosa Corp. and was formerly known as TriVascular Inc.
In addition to the $30 million, Boston Scientific has been given the opportunity to purchase a minority interest in TV2.
Boston Scientific acquired TriVascular in 2005.
WBJ Web Partners
Most Recent
Most Recent
0 Comments