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Boston Scientific

Boston Scientific

pharma
Marlborough, MA · BSX · Public
Boston Scientific is experiencing significant market headwinds with a 50%+ year-to-date stock decline driven by guidance cuts, product deceleration (WATCHMAN), and clinical trial setbacks (CHAMPION-AF). Despite trading at a significant discount to peers (12.6x FY27E P/E), the company maintains operational stability with 53,000 employees across six manufacturing facilities.

Boston Scientific Corporation (BSX) operates as a global leader in medical technology, specializing in the design, manufacturing, and commercialization of innovative medical devices tailored for a diverse array of interventional medical specialties across the globe. Its business is strategically organized into three principal segments: MedSurg, Rhythm and Neuro, and Cardiovascular. Within these divisions, the company provides a comprehensive portfolio of solutions addressing various gastrointestinal and pulmonary ailments, as well as urological and pelvic health concerns. This extends to advanced implantable devices for managing cardiac rhythm disorders, such as cardioverter-defibrillators, cardiac resynchronization therapy devices, and pacemakers, complemented by remote patient management systems. Furthermore, Boston Scientific offers sophisticated technologies for diagnosing and treating complex heart rate and rhythm irregularities. These encompass 3-D cardiac mapping and navigation tools, along with a suite of specialized catheters (including ablation, diagnostic, mapping, and intracardiac ultrasound types), delivery sheaths, and related accessories. Its offerings also extend to neurological conditions, providing spinal cord stimulator systems for chronic pain management, indirect decompression systems, and deep brain stimulation systems. In the realm of interventional cardiology, the company's innovations include drug-eluting coronary stent systems designed for treating coronary artery disease, products for percutaneous coronary interventions to combat atherosclerosis, and intravascular imaging catheters (such as ultrasound and fractional flow reserve devices) for assessing coronary arteries, heart chambers, and peripheral vessels. It also develops structural heart therapies. Beyond this, Boston Scientific supplies an array of stents, balloon catheters, wires, and atherectomy systems for the treatment of arterial diseases. For venous conditions, it provides thrombectomy and acoustic pulse thrombolysis systems, alongside wires and stents. Critically, the company also contributes to cancer treatment through peripheral embolization devices, radioactive microspheres, various ablation systems (including cryotherapy), and micro and drainage catheters. The organization was established in 1979 and maintains its corporate headquarters in Marlborough, Massachusetts.

Employees
53,000
Mfg Plants
5
All Facilities
6
Activity
3/10
Type
Public

BSX Stock Price

Manufacturing Plants (5)

Natick, MA
Natick, MA
Manufacturing facility for cardiac rhythm management and cardiovascular devices
Spencer, MA
Spencer, MA
Manufacturing facility for medical devices
Arden Hills, MN
Arden Hills, MN
Manufacturing facility for cardiac rhythm management devices
Maple Grove, MN
Maple Grove, MN
Manufacturing facility for neuromodulation and spinal cord stimulation devices
Galway, NY
Galway, NY
Manufacturing facility for endoscopy and gastroenterology devices

Other Facilities (1)

Marlborough, MA
Marlborough, MA · hq
Corporate headquarters