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Boston Scientific CEO talks pricing pressure for drug-eluting stents

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Boston ScientificOn an earnings call with analysts this week, Boston Scientific (NYSE:BSX) CEO Mike Mahoney touted the momentum of his company’s drug-eluting stent portfolio but noted that the technologies continue to face headwinds in the U.S. thanks to pricing pressure.

The Mass.-based company reported third-quarter profits of $432 million, or 31¢ per share, on sales of $2.39 billion for the three months ended Sept. 30, for a bottom-line gain of 52.7% on sales growth of 7.7% compared with Q3 2017.

Get the full story at our sister site, Drug Delivery Business News.

The post Boston Scientific CEO talks pricing pressure for drug-eluting stents appeared first on MassDevice.


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