Advanced Medical is a company integrating R&D, production and sales of a series of intravascular catheter products, providing patients and medical professionals with products for interventional treatment of vascular diseases, including drug-eluting peripheral balloon catheters (DCB), peripheral Balloon dilatation catheter (PTA) and electrophysiology catheter (EP), etc., and obtained CE certification and CFDA registration certificate. Boston Scientific recently acquired a majority stake of not more than 65% of Aotec. The cash consideration is approximately $523 million.
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