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Boston Scientific Picks Up Pancreatic Stent Maker Xlumena

In the $62.5 million-plus-milestone deal Boston Scientific gets Xlumena's Axios and Hot Axios stent and delivery systems for endoscopic ultrasound-guided transluminal drainage of symptomatic pancreatic pseudocysts. The products fit alongside Boston's Expect endoscopic ultrasound aspiration needles.

Boston Scientific Corp. has acquired minimally invasive pancreatic device firm Xlumena Inc. for $62.5 million plus milestones. Boston announced the deal April 1, saying it would close within the week.

Venture-backed Xlumena makes the Axios and Hot Axios stent and delivery systems for endoscopic ultrasound-guided transluminal drainage of symptomatic pancreatic pseudocysts. Axios gained FDA clearance in 2013. (See Also see "News Briefs: Siemens-Pfizer Dx Pact; Pancreatic Stent; AtriCure Acquisition" - Medtech Insight, 23 December, 2013.

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