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Boston Scientific Closes Cameron Health Acquisition
Date:6/8/2012

; The agreement calls for an additional potential payment of $150 million to be made upon FDA approval of the S-ICD System and up to an additional $1.050 billion of potential payments to be made upon the achievement of specified revenue-based criteria over a six-year period following FDA approval.  The company currently expects the transaction to be approximately $0.01 dilutive in 2012 and approximately break-even in 2013 to earnings per share on an adjusted basis and more dilutive in both years on a GAAP basis as a result of acquisition-related net charges and amortization, which will be determined following the closing.

The S-ICD® System is an investigational device and limited under U.S. law to investigational use only, and is not available for sale in the U.S.

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 Cameron Health

Prior to the acquisition, Cameron Health was a privately held company headquartered in San Clemente, California.  Founded in 2001, the company has developed the world's first and only commercially available completely subcutaneous ICD (S-ICD System).  For more information, please visit: www.bostonscientific.com/cameronhealth.

Please CLICK HERE for multimedia images of the S-ICD System or visit the company's image gallery at http://bostonscientific.mediaroom.com/image-gallery.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking s
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SOURCE Boston Scientific Corporation
Copyright©2012 PR Newswire.
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