Boston Scientific Acquires Baylis Medical Company Inc.
October 6, 2021
Boston Scientific Corporation agreed to acquire Baylis Medical Company Inc. for an upfront payment of $1.75 billion, subject to closing adjustments. The acquisition expands Boston Scientific’s electrophysiology and structural heart portfolios by adding Baylis’s RF NRG and VersaCross transseptal platforms and complementary guidewires, sheaths and dilators; Baylis was expected to generate nearly $200 million in net sales in 2022.
- Buyers
- Boston Scientific Corporation
- Targets
- Baylis Medical Company Inc.
- Industry
- Medical Devices
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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