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Boston Scientific Strengthens Structural Heart Product Portfolio By Completing Acquisition of Atritech
Date:3/3/2011

ific purchased all outstanding Atritech shares for a total of $100 million.  Additional payments of up to $275 million are contingent upon achievement of specified regulatory and revenue-based criteria through 2015.  The Company expects the transaction to be approximately one to two cents dilutive to earnings per share (EPS) on a GAAP basis in 2011, 2012 and 2013, and accretive thereafter; on an adjusted basis, the transaction is expected to be approximately one cent dilutive to EPS in 2011 and 2012, and accretive thereafter.  The difference between the estimated impact on GAAP and adjusted EPS relates to amortization expense on acquired intangible assets and the accrual of contingent consideration expense, which are excluded by the Company for purposes of measuring adjusted EPS.

In the U.S., the WATCHMAN® device is an investigational device, limited by applicable law to investigational use only and not available for sale.  

About Boston ScientificBoston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties.  For more information, please visit: www.bostonscientific.com.  

About AtritechAtritech, Inc., founded in 2000, is dedicated to providing new therapies to treat patients suffering from atrial fibrillation who are at increased risk for stroke by offering permanent alternatives to medications for those patients.  For more information, please visit: www.atritech.net.

Cautionary Statement Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Forward-looking statements may be identified by words like "anticipate," "expect," "project," "belie
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SOURCE Boston Scientific Corporation
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