Boston Scientific Acquires Cameron Health for $150,000,000

  • Feed Type
  • Date
    3/8/2012
  • Company Name
    Cameron Health
  • Mailing Address
    905 Calle Amanecer San Clemente, CA 92673
  • Company Description
    Cameron Health, Inc., a development stage medical device company, is creating the next generation of implantable electronic device utilizing state-of-the-art technologies. We are a team of specialized, high technology, creative individuals with decades of experience in solving difficult medical problems.
  • Website
    http://www.cameronhealth.com
  • Transaction Type
    M&A
  • Transaction Amount
    $150,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Boston Scientific will pay $150 million upfront and an additional potential $150 million upon the U.S. Food & Drug Administration’s approval of Cameron’s S-ICD wireless system, the only commercially available subcutaeneous implantable defibrillator. The agreement also calls for up to an additional $1.05 billion in revenue-based milestone payments over a six-year period after FDA approval.