
Medical Device Developer

Medical Device Manufacturer
Boston Scientific Corporation Announces Completion of Acquisition of RDN Company---SoniVie acquisition, officially returning to the RDN family. The acquisition cost is as high as 600 million US dollars (of which 400 million US dollars is prepaid and 200 million US dollars is milestone bonus). However, before the acquisition, Boston Scientific heldSoniVie 10%Therefore, Boston Scientific will ultimately only need to pay 540 million US dollars.
Boston Scientific Evaluation
"We have completed the acquisition of SoniVie and will integrate the innovative renal denervation technology into our interventional cardiology portfolio. Welcome to the SoniVie team, and we look forward to jointly advancing the innovation in hypertension treatment."
Boston Scientific gains not only the RDN product through this acquisition but also two additional products: pulmonary artery hypertension denervation and chronic obstructive pulmonary disease with chronic bronchitis denervation.
TIVUS Demonstration
SoniVie
SoniVieIn 2014 by Accelled Ventures in IsraelList established,Is a developmentTIVUSMedical device companies,TIVUSIs the only ultrasound denervation platform with active development programs in three therapeutic areas: pulmonary artery hypertension denervation, renal artery denervation for resistant hypertension, and denervation for chronic obstructive pulmonary disease with chronic bronchitis. These conditions affect millions of patients in the United States and Europe.