Boston Scientific announces agreement to acquire Relievant Medsystems, Inc
Boston Scientific Corporation announced it has entered into a definitive agreement to acquire Relievant Medsystems, Inc., a privately held medical technology company that has developed and commercialized the Intracept Intraosseous Nerve Ablation System to treat vertebrogenic pain, a form of chronic low back pain. The transaction includes an upfront cash payment of 850 million USD and undisclosed additional contingent payments based on sales performance over the next three years.