Boston Scien Cp Stock Price, News & Analysis

Boston Scientific Corporation (NYSE: BSX) will participate in Bernstein's 37th Annual Strategic Decisions Conference on June 4, 2021. The event will feature a virtual 45-minute Q&A session with key executives including Mike Mahoney, Susie Lisa, and Lauren Tengler, starting at approximately 8:00 a.m. EDT. Investors can access a live webcast on the Boston Scientific Investor Relations website, with a replay available one hour after the event concludes.

Boston Scientific's recent presentation at EuroPCR 2021 highlighted the positive performance of the ACURATE neo2 Aortic Valve System. Data from the Early neo2 and ITAL-neo Registries showed low rates of paravalvular leakage (1.3%) and permanent pacemaker implementation (6%). Additionally, the ACURATE neo2 demonstrated a 56% reduction in aortic regurgitation compared to its predecessor. The device has received CE Mark approval and is currently under evaluation in the U.S. under an IDE trial for patients with aortic stenosis.

Boston Scientific Corporation (NYSE: BSX) announced its participation in two upcoming investor conferences: the 2021 Bank of America Health Care Conference on May 11, 2021, and the 2021 UBS Global Healthcare Virtual Conference on May 25, 2021. Executives including Dan Brennan and Jeff Mirviss will engage in Q&A sessions at both conferences. Live webcasts will be available for investors and can be accessed through the company's investor relations website. This activity reflects Boston Scientific's continued engagement with investors and commitment to transparency.

Boston Scientific reported Q1 2021 net sales of $2.752 billion, an increase of 8.2% year-over-year. GAAP net income rose to $327 million, or $0.23 per share, compared to $11 million, or $0.01 per share, last year. The company exceeded guidance, with adjusted EPS at $0.37 versus the forecasted $0.28 to $0.34. Growth was seen across segments, particularly MedSurg and Cardiovascular, and strong performance in emerging markets at 16%. Regulatory approvals were received for key products, including TheraSphere and Ranger systems.

Boston Scientific Corporation (NYSE: BSX) will host a conference call on April 28, 2021, at 8:00 a.m. EDT to discuss its financial results for the first quarter ending March 31, 2021. The call will be led by Mike Mahoney, CEO, and Dan Brennan, CFO. A news release with the financial results will precede the call on the same day. Additionally, on May 5, 2021, key executives will participate in a Q&A at the Truist Securities 2021 Life Sciences Summit. Webcasts for both events will be available online.

Boston Scientific has announced positive results from the TARGET study of TheraSphere™ Y-90 Glass Microspheres, presented at the Society of Interventional Radiology meeting on March 25, 2021. This therapy aims to treat hepatocellular carcinoma (HCC), the most common liver cancer, showing a median overall survival of 20.3 months. The study reported only 4.8% of patients experienced severe adverse events, indicating safety and tolerability. TheraSphere is the only FDA-approved technology for unresectable HCC, paving the way for optimized treatment protocols.

Boston Scientific Corporation (NYSE: BSX) announced FDA approval for TheraSphere™ Y-90 Glass Microspheres to treat hepatocellular carcinoma (HCC). This approval enhances access to a therapy previously limited under humanitarian device exemptions. HCC is a prevalent cancer, with an estimated 32,000 new U.S. cases in 2021. Results from the LEGACY study demonstrated high response rates and overall survival, with 100% patient response seen after two treatments. The outpatient procedure reduces hospital burdens and aligns with recent NICE recommendations, indicating improved patient outcomes.

Boston Scientific (NYSE: BSX) has signed a definitive agreement to acquire Lumenis LTD.'s global surgical business for $1.07 billion. The deal, expected to close in the second half of 2021, includes Lumenis's innovations in energy-based medical solutions, specifically in urology and otolaryngology. With anticipated 2021 net sales of $200 million, the acquisition aims to enhance Boston Scientific's stone management offerings and expand its market presence in Europe and Asia. The impact on earnings per share is projected to be immaterial in 2021 but accretive starting in 2022.

Boston Scientific Corporation (NYSE: BSX) will participate in two investor conferences: the SVB Leerink 10th Annual Global Healthcare Conference on February 25, 2021, featuring CFO Dan Brennan and VP Susie Lisa, and the Cowen 41st Annual Health Care Conference on March 1, 2021, with SVP Meghan Scanlon and VP Susie Lisa. Each session will include a 30-minute Q&A segment. Live webcasts and replays will be available via the company's investor relations website.