Headquarters: 300 Boston Scientific Way
Marlborough, MA 01752
CEO: Michael Mahoney
Stock Symbol: BSX
Boston Scientific is a developer and marketer of medical products that can improve patient care. Products cover electrophysiology, cardiology, neuro inventions, vascular surgery, gynecology, pulmonary endoscopy, peripheral interventions, radiology/oncology interventions, endoscopy and urology. The company has a market presence in 100 countries.
One of the company's biggest products are
stents, which are tubes that help open clogged blood vessels.
The company has 18 manufacturing facilities worldwide.
Boston Scientific opened a new headquarters campus in Marlborough, MA in 2014 with four buildings and 1,800 employees working there. The company employs 2,350 in the state of Massachusetts.
For 2014, the company reported revenues of $7.38 billion, up from $7.14 billion, and net loss of $119 million. The company has not turned an annual profit in the past three years.
In April, Boston Scientific announced it would acquire Xlumena, a venture-backed medical device company that develops, manufactures and sells minimally invasive devices for Endoscopic Ultrasound (EUS) guided transluminal drainage of targeted areas within the gastrointestinal tract.
Boston Scientific began in the late 1960s,
when co-founder John Abele acquired an equity interest in Medi-tech,
Inc., a research and development company focused on developing
alternatives to traditional surgery. Medi-tech's first products,
a family of steerable catheters, were introduced in 1969 and
were used in some of the first less-invasive procedures. Versions
of these steerable catheters are still used today. In 1979, Abele
and Pete Nicholas partnered to buy Medi-tech and together formed
Boston Scientific Corporation.
In 2006, Boston Scientific acquired Guidant's Cardiac Rhythm Management and Cardiac Surgery business units.
Most benefits begin on first day of employment.
* Paid time off
* Medical, dental and vision plans
* Health care and dependent care flexible spending accounts
* Life insurance
* Adoption assistance
* Educational assistance
* 401(k) retirement savings plan with company match
* Employee stock ownership plan
Many sites enjoy various on-site facilities that make balancing work and life a little easier, like:
* On-site fitness center
* Dry cleaning
* Full-service cafés
* Car wash/car detailing
* Boston Scientific Company Store
* ATMs & Credit Union
* Ride-share program
* Local merchant discounts
* Discount movie tickets
* Book fairs
* Company & employee sports teams & events
* Daycare facility or assistance