other_material
confidence high
sentiment negative
materiality 0.75
Boston Scientific discontinues ACURATE aortic valve systems globally; maintains adjusted EPS guidance
BOSTON SCIENTIFIC CORP
- Discontinuing worldwide sales of ACURATE neo2 and ACURATE Prime Aortic Valve Systems; no longer pursuing U.S. FDA or other approvals.
- Decision driven by increased regulatory requirements and prohibitive additional investments needed to maintain or obtain approvals.
- Still expects to achieve Q2 and full year 2025 reported and organic sales and adjusted EPS guidance issued on April 23.
- Not reaffirming Q2 and full year 2025 GAAP EPS guidance at this time; more details on Q2 2025 earnings call.
item 8.01