Boston Scientific to acquire EUS device company Xlumena

Boston Scientific has signed a definitive agreement to acquire Xlumena, a device company that focuses on the development, manufacture and sale of minimally invasive devices for endoscopic ultrasound.

Advertisement

Xlumena’s portfolio includes the AXIOS and HOT AXIOS Stent and Delivery Systems. The AXIOS system has FDA clearance and a CE Mark. The next-generation HOT AXIOIS system has a CE Mark.

Boston Scientific will pay $62.5 million upfront and an additional $12.5 million when the HOT AXIOS system receives FDA clearance.

“We believe the acquisition of Xlumena and their minimally-invasive products combined with the Boston Scientific broad product portfolio demonstrates our commitment to advancing the field of interventional EUS therapeutics,” said David Pierce, senior vice president and president of endoscopy at Boston Scientific.

More articles on gastroenterology:
Dr. Kevin Byrne honored by Lake Regional Health System
Case study: Upright reflux treatment with Stretta
Number of ED visits for constipation on the rise

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in GI & Endoscopy

  • Birmingham (Ala.) Gastroenterology has opened a clinic in Jasper, Ala., expanding access to digestive health services in the region, the…

  • Premier Health Partners has acquired Dayton, Ohio-based Digestive Specialists, according to a notice posted on the website of law firm…

Advertisement

Comments are closed.