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BSX Stock Rises on Positive Data Announcement at the AF Symposium
BSXBoston Scientific(BSX) ZACKS·2025-01-20 14:36

Core Insights - Boston Scientific Corporation (BSX) presented positive data for the FARAPULSE Pulsed Field Ablation system and the WATCHMAN Left Atrial Appendage Closure device at AF Symposium 2025, supporting their technologies for atrial fibrillation treatment and stroke prevention [1][2] Company Performance - Following the announcement, BSX shares increased by 0.5% to 98.66,reflectinginvestorconfidenceinthecompanysgrowthwithintheCardiovascularsegment[2]TheFARAPULSEPFASystemhastreatedover125,000patientsbytheendofQ32024,indicatingrapidadoption[2]TheWATCHMANdevicesorganicsalesgrewby1898.66, reflecting investor confidence in the company's growth within the Cardiovascular segment [2] - The FARAPULSE PFA System has treated over 125,000 patients by the end of Q3 2024, indicating rapid adoption [2] - The WATCHMAN device's organic sales grew by 18% year over year in Q3 2024, with over 500,000 patients treated [3] - BSX's market capitalization stands at 141.41 billion, with an average earnings surprise of 8.29% over the last four quarters [4] Clinical Study Results - The ADVANTAGE AF study showed a 2.3% event rate for serious adverse events and a 63.5% freedom from atrial fibrillation, with an 85.3% symptomatic AF recurrence-free rate [6] - The OPTION trial sub-analysis indicated a 44% reduction in non-procedural bleeding with concomitant LAAC and a 62% reduction with sequential LAAC using the WATCHMAN FLX device [8] Industry Outlook - The global cardiovascular devices market was valued at 61.39billionin2023andisprojectedtoreach61.39 billion in 2023 and is projected to reach 117.68 billion by 2032, growing at a CAGR of 7.6% from 2024 to 2032, driven by the rise in chronic heart diseases [9] Recent Developments - Boston Scientific has entered into an agreement to acquire Bolt Medical, expanding its cardiovascular portfolio with an advanced laser-based platform for intravascular lithotripsy [10] Stock Performance - Over the past year, BSX shares have increased by 62.4%, significantly outperforming the industry average growth of 11.6% [11]