- Boston Scientific
Infobox_Company
company_name = Boston Scientific
company_
company_type = Public (NYSE|BSX)
company_slogan =
foundation =1979
location = Natick,Massachusetts
key_people =John Abele , Founder & Director
Peter Nicholas, Founder & Chairman
James Tobin, CEO
Paul LaViolette , COO
num_employees = 28,600 (2007 )
industry = Medical Instruments & Supplies
products =
revenue = profit$7.821 Billion USD (2006 )
net_income = (loss$3.557 Billion) USD (2006 )
homepage = [http://www.bostonscientific.com/ www.bostonscientific.com]The Boston Scientific Corporation (nyse|BSX) (abbreviated BSC), is a worldwide developer,
manufacture r and marketer of medical devices whose products are used in a range of interventional medical specialties, including interventionalcardiology , peripheral interventions,neuromodulation , neurovascular intervention,electrophysiology ,cardiac surgery ,vascular surgery ,endoscopy ,oncology ,urology andgynecology .Boston Scientific is well known for the development of the
Taxus Stent , a drug-coated stent which is used to open clogged arteries. This product was at the center of a claim of patent infringement on the part of Boston Scientific, which was found liable for $431 million in damages. [ cite news | title = Boston Scientific Loses Patent Trial
publisher = New York Times | date =February 13 ,2008
url = http://www.nytimes.com/2008/02/13/business/13stent.html?ref=business
accessdate =2008-02-13 ]Boston Scientific's main competitors are
Johnson & Johnson ,Medtronic , andSt. Jude Medical .The company recently acquired longtime competitorGuidant for approximately $27 billion. The former Guidant was split between BSC andAbbott Laboratories . [ cite news | title = Guidant battle ends in favor of Boston Scientific
publisher = Associated Press | date =January 25 ,2006
url = http://www.msnbc.msn.com/id/11018335/
accessdate =2008-02-11 ] [ cite web | title = Boston Scientific Completes Combination with Guidant
date =April 21 ,2006
url = http://bostonscientific.mediaroom.com/index.php?s=43&item=513
accessdate = 2008-02-11 Boston Scientific's press release on the acquisition.]Notes
External links
* [http://www.bostonscientific.com/ Boston Scientific official web site] .
* [http://biz.yahoo.com/ic/15/15683.html Yahoo! - Boston Scientific Corporation Company Profile] .
* [http://www.gstock.com/quote/bsx.html Boston Scientific stock performance chart] fromGStock
* [http://www.boston.com/business/globe/articles/2005/05/17/gamble_wins_big_at_boston_scientific_stent_maker_soars_despite_major_recall/ "Gamble wins big at Boston Scientific"] , boston.com.
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