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Boston Scientific to Buy CryoCor for $17.6M

Posted on April 18, 2008 @ 08:58 am



Boston Scientific will purchase CryoCor for approximately $17.6 million. The acquisition follows a June 2007 development agreement to pursue therapeutic solutions for atrial fibrillation. The agreement involves the development of a console to deliver cryo energy to Boston Scientific’s proprietary cryo balloon catheter, Boston Scientific said. The merger is expected to close this quarter. SOURCE: FDAnews