IRELAND > US based Boston Scientific Invests US$ 21.5 M on R&D Lab in Galway

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US based medical technology company Boston Scientific is to invest €17m (US$ 21.5 m) launching a new Galway-based R&D facility focused on endoscopy research. Boston Scientific Boston has been operating its European Innovation Centre in Galway for more than 20 years producing more than 3 million devices pear year with more than 3000 employees.

According to SiliconRepublic,  “the RoadRunner endoscopy design facility will host more than 300 international physicians every year to promote the development of metal stents for use in the bowel or biliary tract in gastrointestinal treatments”. The investment will be on phase by phase basis until 2020.

About Boston Scientific

Boston Scientific Corporation (Boston Scientific) is a developer, manufacturer and marketer of medical devices whose products are used in a range of interventional medical specialties across the globe. Founded in 1979, the company is currently publicly traded in the New York Stock Exchange (NYSE) and generated a revenue of US$ 8.4 billion in 2016. Boston Scientific employees more than 27,000 globally.