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Boston Scientific to buy VC-backed Vertiflex

Boston Scientific, a manufacturer of medical devices used in intervention medical specialties, has acquired VertiFlex Inc., PE Hub reported. The deal calls for $465 million in upfront cash with additional payments contingent on commercial milestones for the next three years, the story said. VertiFlex Inc. is a medical device company that develops minimally invasive solutions for the treatment of lumbar spinal stenosis.

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Mergers and Acquisitions,M&A,M&A deals