Asthmatx

MedCity Influencers

Boston Scientific to spend $193.5M+ on asthma device maker

Boston Scientific Corp. inked a deal to spend $193.5 million in cash and possibly $250 million more on Asthmatx Inc. Sunnyvale, California-based Asthmatx makes a catheter-based bronchial thermoplasty procedure for severe asthma, according to a joint press release. The Alair procedure is designed to "reduce excess airway smooth muscle" by delivering thermal energy directly to lung tissue via a bronchoscope.