Boston Scientific Corporation (NYSE: BSX) and Lumenis, the market leader in holmium laser technology, announced the signing of a five-year contract extending the existing commercial agreement between the two companies and promoting continued investments in laser and fiber product development for urologic applications. Under the agreement, Boston Scientific will continue as the exclusive U.S. distributor for Lumenis Holmium Laser Fibers, designed for use with surgical lasers to treat a variety of urologic conditions.
"Lumenis is excited to continue its long-time distribution agreement with Boston Scientific, a leader in minimally invasive solutions for the urology market," said Bob Di Silvio, Senior Vice President and President, Lumenis Americas. "Together, we offer urologists and their patients a comprehensive set of cost-effective solutions delivered by highly experienced and knowledgeable sales teams." "We are pleased to renew our alliance with Lumenis, which has been very successful in strengthening our product offerings in this important market," said Michael Phalen, Executive Vice President and President of the MedSurg Division at Boston Scientific. "We look forward to continuing to provide urologists with clinically beneficial technologies that improve patient care." About Boston Scientific Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices that are used in a broad range of interventional medical specialties. For more information, please visit: www.bostonscientific.com.
About Lumenis Lumenis, the world's largest medical laser company, is a global developer, manufacturer and distributor of laser and light-based devices for surgical, ophthalmic and aesthetic applications, with more than 800 employees worldwide. For more information about Lumenis and its products, please visit: www.lumenis.com.
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Factors that may cause such differences include, among other things: future economic, competitive, reimbursement and regulatory conditions; new product introductions; demographic trends; intellectual property; litigation; financial market conditions; and future business decisions made by us and our competitors. All of these factors are difficult or impossible to predict accurately and many of them are beyond our control. For a further list and description of these and other important risks and uncertainties that may affect our future operations, see Part I, Item 1A - Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A - Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file hereafter.
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CONTACT: Eric Olson 336-293-4393 (office) Media Relations Boston Scientific Corporation email@example.com Sean Findlen 617-520-7268 (office) Media Relations Weber Shandwick firstname.lastname@example.org Sean Wirtjes 508-652-5305 (office) Investor Relations Boston Scientific Corporation email@example.com SOURCE Boston Scientific Corporation -0- 03/08/2012 /Web Site: http://www.bostonscientific.com (NYSE:BSX) / CO: Boston Scientific Corporation; Lumenis ST: Massachusetts IN: MEQ CPR HEA SU: CON PRN -- NE66737 -- 0000 03/08/2012 13:30:00 EDT http://www.prnewswire.c