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The next day, Boston Scientific increased their bid to $25 billion, followed the next day by Johnson & Johnson increasing their bid to $24.2 billion. It was not until January 17 that Boston Scientific produced a new offer of $27.2 billion ($80 per share), with the help of Abbott Laboratories. Abbott agreed to purchase $1.4 billion of Boston ...
Boston Scientific Corporation (BSC), headquartered in Marlborough, Massachusetts and incorporated in Delaware, [2] is an American biotechnology and biomedical engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular ...
He has a BA in biology from Cornell University in 1991. He worked briefly as a lab technician at MIT and then became a sales rep for a lab supply company. Trying to get into a graduate school, he drove out to University of Massachusetts and despite never taking a microbiology course, ended up with a PhD in microbiology from the University of Massachusetts with Albey Reiner in 1977. [5]
They borrowed $800,000 to start Boston Scientific, a manufacturer of medical devices. He helped grow the company through a series of astute acquisitions. [6] Nicholas was chief executive officer of the company until 1999, when he became chairman. He continued in that role until his retirement in 2016. [3]
John E. Abele (born 1937) is an American businessman and co-founder of Boston Scientific, a medical device company. He received the ASME Medal in 2010 and, as of November 2024, has a net worth of $1.9 billion. [1] He was first listed on the Forbes 400 in 1996 as a self-made billionaire.
The plan targeted $1.059 billion in U.S. sales for 2000, through 707,000 in-person sales calls to doctors who would prescribe 452 million pills or oral doses, priced at about $2.50 per dose. Total costs—including $51 million for “public relations, grants, sales support and medical education programs,” and $14.3 million for free samples ...