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Boston Scientific Gains Neuro, Cardiovascular Access Devices Via Acquisition

This article was originally published in The Gray Sheet

Executive Summary

Microfabricated guidewires to facilitate interventional cardiology procedures will be developed by Boston Scientific, following the purchase of Precision Vascular Systems, Inc

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LipoScience IPO: Sale of 5 mil. shares in $80 mil. initial public offering is postponed Sept. 19. The maker of the NMR LipoProfile cardiovascular disease risk assessment test planned on pricing each share at $14-16 (1"The Gray Sheet" March 11, 2002, p. 18). The IPO, which originally had been targeted to raise $100 mil., was delayed following the stock market downturn the week of Sept. 16. The NMR LipoProfile is more expensive than traditional, standard-of-care cholesterol tests, which may have contributed to investor jitters...

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