M&A Deal Summary

Boston Scientific Acquires Distal Access - Resectr Tissue Resection Device

On November 15, 2016, Boston Scientific acquired medical products company Distal Access - Resectr Tissue Resection Device from Distal Acces

Acquisition Highlights
  • This is Boston Scientific’s 26th transaction in the Medical Products sector.
  • This is Boston Scientific’s 32nd transaction in the United States.
  • This is Boston Scientific’s 1st transaction in Utah.

M&A Deal Summary

Date 2016-11-15
Target Distal Access - Resectr Tissue Resection Device
Sector Medical Products
Buyer(s) Boston Scientific
Sellers(s) Distal Acces
Deal Type Divestiture

Target

Distal Access - Resectr Tissue Resection Device

Salt Lake City, Utah, United States
Distal Access LLC - Resectr Tissue Resection Device includes the Resectr™ Tissue Resection Device, a single-use solution designed to effectively remove uterine polyps.

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Buyer(S) 1

Buyer

Boston Scientific

Marlborough, Massachusetts, United States

Category Company
Founded 1979
Sector Medical Products
Employees48,000
Revenue 14.2B USD (2023)
DESCRIPTION
Entrance to Boston Scientific's corporate headquarters in Marlborough, Massachusetts.
Entrance to Boston Scientific's corporate headquarters in Marlborough, Massachusetts.

Boston Scientific is a medical technology company. Boston Scientific's products and technologies are used to diagnose or treat a wide range of medical conditions, including heart, digestive, pulmonary, vascular, urological, women's health, and chronic pain conditions. Boston Scientific was founded in 1979 and is based in Marlborough, Massachusetts.


DEAL STATS #
Overall 38 of 65
Sector (Medical Products) 26 of 49
Type (Divestiture) 7 of 11
State (Utah) 1 of 1
Country (United States) 32 of 50
Year (2016) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-03 LumenR - LumenR Tissue Retractor System

Newark, California, United States

LumenR LLC - LumenR Tissue Retractor System is a developer of endoscopic resection of lesions in the colon, esophagus or stomach.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-02 Neovasc - Biological Tissue Capabilities

Richmond, British Columbia, Canada

Neovasc, Inc. - Biological Tissue Capabilities is a manufacturer of medical products in Canada.

Buy -

Seller(S) 1

SELLER

Distal Acces

Salt Lake City, Utah, United States

Category Company
Sector Medical Products
DESCRIPTION

Distal Acces LLC is a manufacture and designer of medical devices to improve performance and maintain physician feel and control for procedure.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1