Boston sells TriVascular for private development
This article was originally published in Clinica
Executive Summary
Boston Scientific has sold its discontinued abdominal aortic aneurysm (AAA) operation, TriVascular, to a newly-formed, privately-owned company called TriVascular2 (TV2). The latter is financing the transaction from the $65m it raised in a series A investment round, led by private equity firms MPM Capital and New Enterprise Associates.
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