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Press release from PR Newswire

Boston Scientific Receives Prestigious 2013 Prix Galien Award For Best Medical Technology

Wednesday, October 23, 2013

Boston Scientific Receives Prestigious 2013 Prix Galien Award For Best Medical Technology

08:15 EDT Wednesday, October 23, 2013

Award Recognizes Innovative S-ICD® System, the World's First and Only Subcutaneous Implantable Defibrillator

NATICK, Mass., Oct. 23, 2013 /PRNewswire/ -- The Boston Scientific Corporation (NYSE: BSX) S-ICD® System has received the Prix Galien USA 2013 Award for Best Medical Technology.  The S-ICD System is the world's first and only commercially available subcutaneous implantable defibrillator (S-ICD) that treats patients at risk for sudden cardiac arrest (SCA) without wires touching the heart.

As part of its ongoing mission to recognize the technical, scientific and clinical research skills necessary to develop innovative medicines, the Prix Galien USA committee last night honored excellence in scientific innovation that improves the state of human health at its seventh annual Prix Galien Awards Gala, held at the American Museum of Natural History in New York City.                   

"We are thrilled to be recognized by the Galien Foundation and honored to be among such a prestigious group of recipients of this year's award," said Joe Fitzgerald, president, Cardiac Rhythm Management, Boston Scientific. "We strive to introduce innovative medical technologies that can help improve patient outcomes. The S-ICD System represents a truly innovative medical product and one that has been shown to be a great alternative to traditional ICDs for the treatment of life-threatening ventricular arrhythmias."

Sudden Cardiac Death (SCD) occurs in approximately 350,000 patients annually in the United States.  Implantable cardioverter defibrillators (ICDs) have a demonstrable benefit in the prevention of SCD in patients secondary to a prior arrhythmic event. Conventional transvenous ICDs require leads to be implanted directly into the heart.  The S-ICD System sits entirely just below the skin without the need for thin, insulated wires -- known as 'leads' -- to be placed into the heart, leaving it and blood vessels untouched. A study recently published in the American Heart Association journal Circulation demonstrated that the S-ICD System surpassed goals set by the U.S. Food and Drug Administration (FDA) for evaluating the safety and effectiveness of the new device.[i]

The S-ICD System has been commercially available in Europe and New Zealand since 2009 and received FDA approval in the United States in 2012.

The Boston Scientific Alair® Bronchial Thermoplasty System also was nominated for a Prix Galien 2013 award in the Best Medical Technology category.

About the Galien Foundation

The Galien Foundation fosters, recognizes and rewards excellence in scientific innovation to improve the state of human health. Its vision is to be the catalyst for the development of the next generation of innovative treatment and technologies that will impact human health and save lives.

The Foundation oversees and directs activities in the USA for the Prix Galien, an international award that recognizes outstanding achievements in improving the human condition through the development of innovative therapies. The Prix Galien was created in 1970 in honor of Galen, the father of medical science and modern pharmacology. Worldwide, the Prix Galien is regarded as the equivalent of the Nobel Prize in biopharmaceutical research.

For more information visit www.galienfoundation.org.

About Boston ScientificBoston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world.  As a global medical technology leader for more than 30 years, we advance science for life by providing a broad range of high performance solutions that address unmet patient needs and reduce the cost of healthcare.  For more information, visit www.bostonscientific.com and connect on Twitter and Facebook.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Forward-looking statements may be identified by words like "anticipate," "expect," "project," "believe," "plan," "estimate," "intend" and similar words.  These forward-looking statements are based on our beliefs, assumptions and estimates using information available to us at the time and are not intended to be guarantees of future events or performance.  These forward-looking statements include, among other things, statements regarding product performance and clinical effects.  If our underlying assumptions turn out to be incorrect, or if certain risks or uncertainties materialize, actual results could vary materially from the expectations and projections expressed or implied by our forward-looking statements.  These factors, in some cases, have affected and in the future (together with other factors) could affect our ability to implement our business strategy and may cause actual results to differ materially from those contemplated by the statements expressed in this press release.  As a result, readers are cautioned not to place undue reliance on any of our forward-looking statements. 

Factors that may cause such differences include, among other things: future economic, competitive, reimbursement and regulatory conditions; new product introductions; demographic trends; intellectual property; litigation; financial market conditions; and future business decisions made by us and our competitors.  All of these factors are difficult or impossible to predict accurately and many of them are beyond our control.  For a further list and description of these and other important risks and uncertainties that may affect our future operations, see Part I, Item 1A ? Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A ? Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file hereafter.  We disclaim any intention or obligation to publicly update or revise any forward-looking statements to reflect any change in our expectations or in events, conditions or circumstances on which those expectations may be based, or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements.  This cautionary statement is applicable to all forward-looking statements contained in this document.

[i] http://newsroom.heart.org/news/new-implanted-defibrillator-works-well-without-touching-heart

CONTACT: Peter Lucht508-650-8796 (office)Global Media RelationsBoston Scientific Corporationmedia@bsci.com

Michael Campbell508-650-8023 (office)Investor RelationsBoston Scientific Corporationinvestor_relations@bsci.com

SOURCE Boston Scientific Corporation

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