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Boston Scientific Bets Big On Monitoring; Buys Preventice For Up To $1.25Bn

 
• By Reed Miller

The deal is the fourth major acquisition in the remote monitoring market in the last five weeks after Philips acquired BioTelemetry and Capsule and Hillrom bought Bardy Diagnostics.

Abstract medical cardiology ekg background
• Source: shutterstock.com

Boston Scientific is the latest company to make a big investment in the fast-growing remote diagnostics and services market with an agreement to buy ambulatory cardiac monitoring company Preventice Solutions for $925m in cash and up to $300m in potential milestones.

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