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Boston Scientific completes acquisition of Axonics, Inc. to expand into sacral neuromodulation

PUBLIC · BSXNov 15, 2024

Acquiring Company

Boston Scientific

Acquired Company

Axonics

MarlboroughIrvineManufacturingBiotechnologyHealth CareMedicalMedical DeviceManufacturingBiotechnologyHealth CareMedicalMedical Device

Description

Boston Scientific Corporation has successfully closed its acquisition of Axonics, Inc., a medical technology company specializing in devices to treat urinary and bowel dysfunction. This acquisition allows Boston Scientific to expand into sacral neuromodulation, a high-growth adjacency for their Urology business, and to provide a comprehensive product portfolio to patients seeking tailored treatment options for incontinence.

Quick answer

Boston Scientific is acquiring Axonics, announced November 15, 2024. Boston Scientific is based in Marlborough, Massachusetts, United States.

How much did Boston Scientific pay for Axonics?
The deal value was not disclosed.
What does Boston Scientific do?
Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world.
Where are Boston Scientific and Axonics based?
Boston Scientific is based in Marlborough, Massachusetts, United States. Axonics is based in Irvine, California, United States.
Who are the decision-makers at Boston Scientific?
Fundz holds 2 contacts at Boston Scientific. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Boston Scientific

Location

300 Boston Scientific Way

Marlborough, Massachusetts, United States

About

Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world. As a global medical technology leader for more than 40 years, we advance science for life by providing a broad range of high performance solutions that address unmet patient needs and reduce the cost of healthcare. For more information, visit www.bostonscientific.com and connect on Twitter and Facebook.

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Frequently asked

Who acquired Axonics?

Axonics was acquired by Boston Scientific, based in Marlborough. The deal was reported on November 15, 2024. Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world. Boston Scientific is publicly traded (BSX) and operates in Manufacturing.

When did Boston Scientific acquire Axonics?

Boston Scientific's acquisition of Axonics was reported on November 15, 2024. Boston Scientific Corporation has successfully closed its acquisition of Axonics, Inc., a medical technology company specializing in devices to treat urinary and bowel dysfunction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Axonics do?

Axonics® is dedicated to improving the quality of life of people suffering from bladder and bowel dysfunction, conditions that impact the lives of tens of millions of adults globally. It is privately held, operating in Manufacturing, and is based in Irvine.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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