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BSC sells neurovascular unit to Stryker for $1.5bn

Executive Summary

Gaining a new therapeutic area outside of its core orthopedic implants, Stryker Corp. has bought Boston Scientific Corp.'s neurovascular division for $1.4bn in cash up front plus $100mm in milestones. The acquired unit is the leading player in the global neurovascular market, which is worth $900mm.
Deal Industry
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Includes Earnout
    • Payment Includes Cash
    • Includes Contract
    • Full Acquisition

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