Boston Scientific to Acquire Valencia Technologies

Boston Scientific has entered into a definitive agreement to acquire Valencia Technologies Corporation. The acquisition is positioned as a way for Boston Scientific to gain access to an FDA-approved product through Valencia’s Ecoin system.

Boston Scientific operates in medical devices across areas including endoscopy and urology. Valencia Technologies’ Ecoin system is described as targeting a new implant market, with the deal framed as an add-on to expand Boston Scientific’s product reach.