Boston Scientific

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Boston Scientific
Type Public (NYSE: BSX)
Founded 1979
Headquarters Natick, Massachusetts
Key people John Abele, Founder & Director
Peter Nicholas, Founder & Chairman
James Tobin, CEO
Paul LaViolette, COO
Industry Medical Instruments & Supplies
Revenue $7.821 Billion USD (2006)
Net income ($3.557 Billion) USD (2006)
Employees 28,600 (2007)
Website www.bostonscientific.com

The Boston Scientific Corporation (NYSE: BSX) (abbreviated BSC), is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a range of interventional medical specialties, including interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology.

Boston Scientific is well known for the development of the Taxus Stent, a drug-coated stent which is used to open clogged arteries.

Boston Scientific's main competitors are Johnson & Johnson and Medtronic. The company recently acquired longtime competitor Guidant for approximately $28 billion. The former Guidant was split between BSC and Abbott Laboratories[1].

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