Briefing

Canada’s Baylis Medical sells cardiology arm to U.S.-based Boston Scientific for US$1.75B

The deal, due to close in early 2022, is for Baylis Medical Company and its products focused on making it safer for surgeons to get at the left side of the heart. Boston Scientific, which specializes in devices for less invasive surgeries, will add Baylis’s products to its existing cardiology division. The deal doesn’t include Baylis Medical Technologies, which makes products for radiology and neurosurgery and also does contract manufacturing. (The Logic)

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