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Boston Scientific mum on reported Stryker takeover move

par Thomas Dworetzky, Contributing Reporter | June 12, 2018
Business Affairs

Also in October, 2017, Boston Scientific agreed to acquire Apama Medical for $300 million.

The acquisition of the privately-held, California-based company will allow Boston Scientific to expand its electrophysiology portfolio, combining its radiofrequency point-by-point solution with Apama’s single-shot balloon ablation technology for the treatment of atrial fibrillation (AF).

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“Single-shot pulmonary vein isolation (PVI) ablation is a high-growth market segment,” Joe Fitzgerald, president of rhythm management at Boston Scientific, told HCB News. “Our current electrophysiology (EP) portfolio includes a radiofrequency (RF) point-by-point solution, and the Apama technology, upon regulatory approval, will allow us to expand into the single-shot market segment, and ultimately bolster our entire EP portfolio.”

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