Mondo Visione  Jan 29  Comment 
The article entitled, At a pivotal point by Bermuda:Re+ILS can be found using the following link:  http://www.bermudareinsurancemagazine.com/article/at-a-pivotal-point?utm_sou
Mondo Visione  Jan 25  Comment 
The Bermuda Stock Exchange (BSX) is pleased to announce that Revenue Ireland, Irish Tax and Customs, has confirmed that the BSX is a Recognised Stock Exchange for the purposes of Section 64 of Ireland’s Taxes Consolidation Act 1997. In...
CNNMoney.com  Jan 15  Comment 
A class action lawsuit against Boston Scientific made public Thursday alleges the company used counterfeit material from China to manufacture toxic vaginal mesh implants.
Mondo Visione  Jan 6  Comment 
2015 marked by the BSX emerging as a global leader in the listing of ILS structures, strongly supporting Bermuda’s position as a centre of excellence for the creation, support and listing of global ILS structures. The Bermuda Stock Exchange...
Mondo Visione  Dec 30  Comment 
The Bermuda Stock Exchange (“BSX”) advises that the BSX will close the Local Market at 1 p.m. on Thursday, 31 December, 2015, before closing for the Public Holidays on New Year’s Day, Friday, 01 January, 2016, and will re-open on Monday, 04...
Forbes  Dec 8  Comment 
Being the first to get the FDA approval for a bioabsorbable polymer drug-eluting stent (BP-DES), Boston Scientific has a huge opportunity to gain share in the interventional cardiology market in the the U.S., the largest coronary stent market....
Mondo Visione  Dec 3  Comment 
On 17 November 2015, Greg Wojciechowski, CEO of the Bermuda Stock Exchange (BSX), addressed an audience of over 100 delegates at the inaugural Monaco Growth Forum at the Fairmont Monaco. During his talk, Greg Wojciechowski introduced Bermuda...
Benzinga  Dec 1  Comment 
Nevro Corp. (NYSE: NVRO) announced Monday, that the Patent Trial and Appeals Board (PTAB) at the U.S. Patent and Trademark Office (USPTO) has denied instituting an inter partes review (IPR) of U.S. Patent No. 8,359,102 (the '102 patent).  On...


Boston Scientific (NYSE: BSX) makes cardiology products such as drug-eluting stents and pacemakers, which each respectively accounting for 21% and 16% of total revenues. Drug-coated stents are used to prop up coronary arteries to help prevent heart attacks, but their effectiveness have been questioned after they were linked to a risk of blood clots, as well as competition from Abbott's stent Xience.[1]

Boston Scientific also makes Endosurgery and Neuromodulation products. The Endosurgery group includes esophageal, gastric, and duodenal intervention products; colorectal, pancreatico-biliary, and pulmonary intervention devices; and products for urinary tract intervention and bladder disease, prostate intervention, pelvic floor reconstruction and urinary incontinence, gynecology, and oncology. The Neuromodulation group comprises Precision Spinal Cord Stimulation system for the treatment of chronic pain of the lower back and legs, and HiResolution 90K Cochlear Implant system to restore hearing to the profoundly deaf. Boston Scientific Corporation markets its products through direct sales force, and a network of distributors and dealers.

Ultimately, Boston Scientific's continued success will depend heavily on how well it manages to maintain its market share in the face of increasingly tough competition and its serious quality-control issues, while continuing to invest in its strong development pipeline so that it will be able to compete in the next generation of medical devices.

Corporate Overview

Business and Financial Metrics

Second Quarter 2010 Results[2]

During the second quarter of 2010 Boston Scientific achieved sales of $1.928 billion, reporting GAAP earnings of $0.06 per share with adjusted EPS of $0.12. The company maintained its leadership position in the global drug-eluting stent (DES) market with 38 percent market share worldwide. The company also launched the third-generation TAXUS Elemen Paclitaxel-Eluting Coronary Stent System in the European Union and other CE Mark countries.

Net income for the quarter was $98 million, compared to $158 million in the second quarter of 2010.

Yup, I know those episodes. And, you are right. They have tuenrd the dynamic into all this concern for his addiction, NOT his pain, even if they disguise it by saying they care about his pain. And that frustrates me beyond belief.I think the thing I like about House is that he isn't all cuddly and inspirational and brave, or whatever other trope people like to throw at people who are differently abled. He's a cranky jerk (possibly the only well developed character other than Chase and Cameron, who I think are) who deals with pain, and the flaw, IMNSHO, is that those people feel free, even as doctors, to object to his care choices. They can't get past that he is happy that way, that his addiction, which doesn't affect them, is their problem, not his.

Missions &#1072r&#1077 really &#609r&#1077&#1072t. I h&#1072&#957&#1077 a pair &#1072n&#1281 I &#406&#959&#957&#1077 th&#1077m. I've never tried th&#1077 CCM vceotrs, &#1109&#959 I don't really know. B&#965t Mission w&#1072&#1109 orginally a roller hockey company &#1109&#959 th&#1077&#1091 definatley &#1072r&#1077 reliable blades. Th&#1077&#1091 &#1072&#406&#1109&#959 m&#1072k&#1077 th&#1077m a lot &#406&#1110k&#1077 hockey skates, &#1109&#959 &#1091&#959&#965 &#1072r&#1077 more comfortable &#1110n th&#1077m.


Competition in the advanced medical devices industry is limited by two factors:

  • Competitors have similarly high costs in development and manufacturing, and thus it is difficult for a company to gain a large advantage by cutting costs.
  • Competitors all have large enough capacity that meeting demand is not an issue.

Thus, the main factor that will affect the performance of Boston Scientific and its competitors is its ability to capture market share through improving the technology and performance of its devices. In this sense, Boston Scientific compares favorably to its competitors, as it has strong pipelines in both its core DES and CRM businesses, and it continues to innovate in other fields. In the CRM business, its main competitors include Medtronic (MDT) and St. Jude Medical (STJ).

Boston's heavy dependence on coronary stents leaves it vulnerable to the prospect of two new competitors, and recent studies which suggest that stents are not as useful as they were thought to be. As such, last year was especially important for Boston Scientific, as it saw the successful acquisition of Guidant, a major provider in the area of cardiovascular medical products. With this merger, Boston Scientific now has a new venue of growth that will take it away from its traditional dependence on the coronary stent market. However, Guidant has been plagued with quality issues in the past, and the ability of Boston to deal with these and its own pre-existing problems, will play a major role in the performance of the company.

However, what matters most is how well Boston's technology performs when compared with that of its competitors, specifically in clinical trials.

Boston’s products will have to compete with those of its competitors in clinical trials. A study conducted by Abbott Labs found that Abbott’s new product Xience V was more effective than Boston Scientific’s Taxus. Medtronic has also introduced a new entry into the DES market, Endeavor.


Pharmaceutical and Biotech Industry — Competitive Operating Metrics (2007)


Johnson & Johnson (JNJ)

Pfizer (PFE)

Novartis (NVS)

Abbott Laboratories (ABT)

Merck (MRK)

Wyeth (WYE)

Bristol-Meyers Squibb (BMY)

Eli Lilly (LLY)

Amgen (AMGN)

Schering-Plough (SGP)

Boston Scientific (BSX)

Biogen Idec (BIIB)

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  1. PR Newswire: "Boston Scientific Announces Results for Second Quarter Ended June 30, 2010"
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