Boston Scientific Invests $1.5 Billion in MiRus for TAVR Market Entry
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 45 minutes ago
0mins
Source: Fool
- Market Entry Strategy: Boston Scientific's $1.5 billion investment in MiRus LLC for a 34% stake positions the company in the transcatheter aortic valve replacement (TAVR) market, projected to grow from $4.5 billion in 2024 to $12.2 billion by 2033, demonstrating its commitment to expansion in the medical device sector.
- Acquisition Potential: This investment not only grants Boston Scientific immediate ownership of one-third of MiRus but also lays the groundwork for a potential 100% acquisition, allowing for an additional $3 billion payment if MiRus's TAVR system meets specific milestones, thereby mitigating investment risks.
- Insider Buying Signal: While 92% of analysts rate Boston Scientific as a buy, the recent purchase of over $500,000 in shares by three directors indicates strong insider confidence in the company's future, further bolstering market sentiment towards the stock.
- Buyback Plan and Growth Outlook: Boston Scientific has also announced a $2 billion accelerated buyback program, signaling management's favorable view of the stock's valuation, while analysts project earnings growth of over 16% annually over the next three to five years, making the current stock price appear attractive.
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Analyst Views on BSX
Wall Street analysts forecast BSX stock price to rise
22 Analyst Rating
22 Buy
0 Hold
0 Sell
Strong Buy
Current: 57.640
Low
94.00
Averages
108.14
High
132.00
Current: 57.640
Low
94.00
Averages
108.14
High
132.00
About BSX
Boston Scientific Corporation is a global developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties. The Company's MedSurg segment includes Endoscopy, Urology, and Neuromodulation. Its Endoscopy business develops and manufactures devices to diagnose and treat a range of gastrointestinal conditions with less-invasive technologies. Its Urology business develops and manufactures devices to treat various urological conditions for both male and female anatomies, including kidney stones, benign prostatic hyperplasia, prostate cancer, erectile dysfunction, and incontinence. Its Neuromodulation business develops and manufactures devices to treat various neurological movement disorders and manage chronic pain. Its Cardiovascular segment includes Cardiology and Peripheral Interventions. The Cardiology includes interventional cardiology therapies, watchman, cardiac rhythm management, and electrophysiology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Boston Scientific Shares Hit 52-Week Low Amid Demand Slowdown
- Demand Slowdown Impact: Boston Scientific (BSX) shares fell approximately 10% in the morning on Wednesday, reaching a 52-week low primarily due to a persistent slowdown in demand for its WATCHMAN cardiac implant, indicating a weakening market for this product.
- Lowered Growth Outlook: During its Q1 2026 earnings release, the company revised its full-year organic net sales growth forecast down to 6.5%-8.0%, largely attributed to headwinds in WATCHMAN volumes and its electrophysiology business in the U.S.
- Market Share Challenges: CEO Michael Mahoney confirmed at an investor conference that standalone WATCHMAN growth remains a challenge, despite the company holding a 90%-91% market share in that area, indicating that the slowdown poses a significant threat to business performance.
- Confidence in Future Investments: Despite facing short-term challenges, Mahoney reiterated the company's comfort with its guidance ranges for the second quarter and the full year, emphasizing ongoing investments across its businesses to support future growth.
See More
Boston Scientific Invests $1.5 Billion in MiRus for TAVR Market Entry
- Market Entry Strategy: Boston Scientific's $1.5 billion investment in MiRus LLC for a 34% stake positions the company in the transcatheter aortic valve replacement (TAVR) market, projected to grow from $4.5 billion in 2024 to $12.2 billion by 2033, demonstrating its commitment to expansion in the medical device sector.
- Acquisition Potential: This investment not only grants Boston Scientific immediate ownership of one-third of MiRus but also lays the groundwork for a potential 100% acquisition, allowing for an additional $3 billion payment if MiRus's TAVR system meets specific milestones, thereby mitigating investment risks.
- Insider Buying Signal: While 92% of analysts rate Boston Scientific as a buy, the recent purchase of over $500,000 in shares by three directors indicates strong insider confidence in the company's future, further bolstering market sentiment towards the stock.
- Buyback Plan and Growth Outlook: Boston Scientific has also announced a $2 billion accelerated buyback program, signaling management's favorable view of the stock's valuation, while analysts project earnings growth of over 16% annually over the next three to five years, making the current stock price appear attractive.
See More
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- WATCHMAN Business Challenges: CEO Mahoney highlighted stagnation in the WATCHMAN business, with expectations of flat dollar growth in Q2 and Q3, reflecting intensified competition in this segment.
- Urology Market Weakness: The company faces challenges in its urology business from niche competitors, and the Axonics overactive bladder segment has experienced commercial disruptions, although Boston Scientific has hired around 100 new clinical representatives to adapt to market changes.
- Ongoing R&D Investment: Boston Scientific continues to allocate over 9% of its revenue to internal R&D and maintains the largest venture fund in the medtech sector, demonstrating its commitment to future technological innovations.
See More
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- Demand Slowdown Impact: Boston Scientific (BSX) shares fell approximately 10% in the morning on Wednesday, reaching a 52-week low primarily due to a persistent slowdown in demand for its WATCHMAN cardiac implant, indicating a weakening market for this product.
- Lowered Growth Outlook: During its Q1 2026 earnings release, the company revised its full-year organic net sales growth forecast down to 6.5%-8.0%, largely attributed to headwinds in WATCHMAN volumes and its electrophysiology business in the U.S.
- Market Share Challenges: CEO Michael Mahoney confirmed at an investor conference that standalone WATCHMAN growth remains a challenge, despite the company holding a 90%-91% market share in that area, indicating that the slowdown poses a significant threat to business performance.
- Confidence in Future Investments: Despite facing short-term challenges, Mahoney reiterated the company's comfort with its guidance ranges for the second quarter and the full year, emphasizing ongoing investments across its businesses to support future growth.
See More
Boston Scientific Invests $1.5 Billion in MiRus for TAVR Market Entry
- Market Entry Strategy: Boston Scientific's $1.5 billion investment in MiRus LLC for a 34% stake positions the company in the transcatheter aortic valve replacement (TAVR) market, projected to grow from $4.5 billion in 2024 to $12.2 billion by 2033, demonstrating its commitment to expansion in the medical device sector.
- Acquisition Potential: This investment not only grants Boston Scientific immediate ownership of one-third of MiRus but also lays the groundwork for a potential 100% acquisition, allowing for an additional $3 billion payment if MiRus's TAVR system meets specific milestones, thereby mitigating investment risks.
- Insider Buying Signal: While 92% of analysts rate Boston Scientific as a buy, the recent purchase of over $500,000 in shares by three directors indicates strong insider confidence in the company's future, further bolstering market sentiment towards the stock.
- Buyback Plan and Growth Outlook: Boston Scientific has also announced a $2 billion accelerated buyback program, signaling management's favorable view of the stock's valuation, while analysts project earnings growth of over 16% annually over the next three to five years, making the current stock price appear attractive.
See More
Boston Scientific Lowers Guidance Amid Market Challenges
- Guidance Revision: Boston Scientific has revised its 2026 net sales growth expectations down to 7% to 8.5%, a significant drop from the previous forecast of 10.5% to 11.5%, indicating pressures from a slowdown in the WATCHMAN business and market share erosion by competitors.
- WATCHMAN Business Challenges: CEO Mahoney highlighted stagnation in the WATCHMAN business, with expectations of flat dollar growth in Q2 and Q3, reflecting intensified competition in this segment.
- Urology Market Weakness: The company faces challenges in its urology business from niche competitors, and the Axonics overactive bladder segment has experienced commercial disruptions, although Boston Scientific has hired around 100 new clinical representatives to adapt to market changes.
- Ongoing R&D Investment: Boston Scientific continues to allocate over 9% of its revenue to internal R&D and maintains the largest venture fund in the medtech sector, demonstrating its commitment to future technological innovations.
See More
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- Share Increase: On May 15, 2026, Prosight Management disclosed an increase of 180,367 shares in Nektar Therapeutics, valued at approximately $10.27 million, indicating strong confidence in the company's future prospects.
- Market Value Growth: The total value of Nektar's shares rose by $29.43 million at the end of the quarter, reflecting the dual impact of trading activity and share price appreciation, further solidifying Prosight's significance in its investment portfolio.
- Improved Financial Position: Nektar's revenue increased from $10.5 million to $10.9 million in the first quarter, with cash and marketable securities reaching $731.6 million, showcasing its relative strength among clinical-stage biotech peers.
- Clinical Development Outlook: Nektar's rezpegaldesleukin treatment has shown encouraging data in trials, with plans to initiate the Phase 3 ZENITH-AD program in July, which could significantly enhance the company's valuation if successful.
See More
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- Kidney Cancer Treatment Breakthrough: HUTCHMED and Innovent received NMPA approval in China for the ELUNATE-TYVYT combination therapy, supported by the FRUSICA-2 study showing a 63% reduction in disease progression or death risk, with a median progression-free survival of 22.2 months, significantly improving patient outcomes and enhancing market competitiveness.
- Antibiotic Market Expansion: Sunshine Biopharma received Canadian approval for its generic Amoxicillin, with shipments expected to begin in August 2026, aiming to increase access to high-quality antibiotics for treating common infections, which is anticipated to drive revenue growth for the company.
- Liquid Biopsy Technology Innovation: Guardant Health gained FDA approval for Guardant360 Liquid CDx, now the largest liquid biopsy panel with a genomic footprint 100 times broader than its predecessor, enhancing tumor profiling capabilities and expected to boost the company's market share in precision medicine.
- New Hypertension Drug Launch: AstraZeneca received FDA approval for BAXFENDY for hypertension patients, based on positive results from the BaxHTN Phase III trial, which is expected to strengthen the company's competitive position in the cardiovascular drug market and further expand its product line.
See More
Intuitive Surgical's Single-Port Platform Growth Potential
- Market Expansion Potential: Intuitive Surgical's single-port (SP) platform saw a 68% year-over-year increase in procedures in Q1 2026, significantly outpacing overall da Vinci procedure growth, indicating accelerated surgeon adoption and potential new market opportunities for the company.
- New Indications Driving Growth: The recent clearance for new procedures, including nipple-sparing mastectomy, broadens the clinical applicability of the SP platform, which is expected to enhance surgeon willingness to adopt robotic-assisted approaches, thereby driving market share growth.
- Ecosystem Investment: Intuitive Surgical is aggressively investing in the development of the SP ecosystem, launching the SP stapler to enhance surgical complexity while improving workflow through instrumentation enhancements and surgeon training, further strengthening its competitive position in the market.
- Strategic Positioning Debate: Management increasingly frames the SP platform not merely as a substitute for multi-port da Vinci procedures but as a tool for market expansion, particularly in historically open surgery or conventional laparoscopy, potentially attracting more surgeons to robotic technology.
See More
