Boston Scientific Corporation (NYSE: BSX) is hosting a meeting with the investment community today in New York City to review its business and long-term growth strategies.
MARLBOROUGH, Mass., June 26, 2019 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) is hosting a meeting with the investment community today in New York City to review its business and long-term growth strategies. The company is presenting plans for its product pipeline and strategic investments to enable improved clinical and economic outcomes, sustain category leadership in served markets and expand into high-growth, adjacent markets to deliver strong financial performance across the company’s MedSurg, Rhythm and Neuro, and Cardiovascular segments. “This is an exciting time for Boston Scientific to help more patients live better and longer lives through the benefits provided by our current medical devices and treatment therapies, while we invest in and develop a robust, long-term pipeline of future technologies,” said Mike Mahoney, chairman and chief executive officer, Boston Scientific. “We have an outstanding global team that is focused on creating more value for patients, customers and shareholders, and delivering revenue growth faster than our served markets and in the top tier for our sector.” Extending Category Leadership and Expanding into Fast Growing Markets Consistent with these launches into new markets, the company is also providing goals for moderate and high growth markets to reach an estimated 80 percent of sales by 2022. In terms of regional expansion, the company remains focused on emerging markets2 and increasing patient access to care and supporting continued broad-based growth through physician training capabilities, channel expansion and local partnerships. Driving Shareholder Value About Today’s Meeting About Boston Scientific * Recommended offer to acquire BTG plc announced November 20, 2018. Deal not yet closed. Cautionary Statement Regarding Forward-Looking Statements Risks and uncertainties that may cause such differences include, among other things: future economic, political, competitive, reimbursement and regulatory conditions, new product introductions and the market acceptance of those products, markets for our products, expected pricing environment, expected procedural volumes, the closing and integration of acquisitions, clinical trial results, demographic trends, intellectual property, litigation, financial market conditions, the execution and effect of our restructuring program, the execution and effect of our business strategy, including our cost-savings and growth initiatives and future business decisions made by us and our competitors. All of these factors are difficult or impossible to predict accurately and many of them are beyond our control. For a further list and description of these and other important risks and uncertainties that may affect our future operations, see Part I, Item 1A – Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A – Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file hereafter. We disclaim any intention or obligation to publicly update or revise any forward-looking statements to reflect any change in our expectations or in events, conditions or circumstances on which those expectations may be based, or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements. This cautionary statement is applicable to all forward-looking statements contained in this document. FINANCIAL DISCLAIMERS
NOTE: Unless noted otherwise, all references to market sizes, market share positions, and market growth rates are BSX internal estimates.
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Company Codes: NYSE:BSX |