Valencia Technologies Acquired by Boston Scientific — Healthcare M&A

Boston Scientific has signed a definitive agreement to acquire Valencia Technologies Corporation in a strategic, add-on acquisition. The deal is intended to give Boston Scientific access to Valencia’s FDA-approved Ecoin system, which is designed to support entry into a new implant market. Financial terms were not disclosed.

Boston Scientific, a US-based medical devices company with operations across areas including endoscopy and urology, is positioning the acquisition to expand its product portfolio and strengthen its presence in implantable technologies. Valencia Technologies’ Ecoin system is expected to provide Boston Scientific with a platform to address unmet needs in implant-based care, leveraging the fact that the product is already cleared by the US Food and Drug Administration.

The announcement does not specify the purchase price or other deal terms, and no expected closing date was provided. The transaction is currently described as announced, subject to customary conditions for regulatory and other approvals.