Boston/Starnberg – Boston Scientific Corporation (NYSE: BSX) acquired StarMedTech GmbH, a manufacturer of medical laser systems based in Starnberg, Germany. The completion of this transaction enables Boston Scientific to provide patients with a broad range of high-quality laser systems that are highly complementary to the existing portfolio of Urology devices.
Boston Scientific is the global market leader in Stone Management devices spanning two decades and through this transaction is adding StarMedTec’s capabilities and product offering to complement its business. For Boston Scientific, the StarMedTech transaction is consistent with the goal to provide innovative medical devices and efficient healthcare solutions for customers who treat patients suffering with stone disease, and is a step in expanding their global product offering with a clinically and economically differentiated solution. “Our company represents innovative and reliable medical laser systems based on years of research and development,” said Dr. Werner Falkenstein, CEO and President of StarMedTec GmBH. “We look forward to joining the Boston Scientific family and continuing to provide doctors and their patients a broad portfolio of medical laser systems”.
CatCap has accompanied the shareholders of StarMedTec exclusively in this transaction process.
StarMedTec is an internationally established manufacturer of medical laser systems. With its laser surgery solutions, it covers the medical disciplines of urology, gynecology, gastroenterology, ENT, pneumology, and general surgery. For further information about StarMedTec, please click: http://www.starmedtec.de/en
About Boston Scientific
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 30 years, the company advances 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 about Boston Scientific, please click: http://www.bostonscientific.com