Boston Scientific Hot Stock Pick on FDA news
Preliminary results from the four-year study of 1,820 people were announced Tuesday by Boston Scientific Corp., which makes the $30,000 devices known as cardiac resynchronization therapy defibrillators, or CRT-Ds, and sponsored the $38 million study. The results could lead to broadened Food and Drug Administration approval for the devices and could expand the $6.2 billion market for implanted defibrillators, which have fallen well below the optimistic projections that fueled Boston Scientific’s $28.4 billion purchase of Guidant Corp. Stock Picks report Boston Scientific.
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Carroll B. Merriman Says:
Great information! Thanks!
Posted on January 9th, 2010 at 5:58 am