Medical device manufacturer Boston Scientific has reportedly agreed to buy an Israeli medical device company worth nearly half a billion dollars. The Worcester Business Journal reports Boston Scientific is set to acquire SoniVie which makes devices that treat high blood pressure. Boston Scientific is already an investor in SoniVie, with a 10% equity stake but will reportedly pay $360 million now for the remaining 90% stake and then another $180 million after they hit certain “regulatory milestones”.
