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Endo sells American Medical Systems Men's and Prostate Health businesses to Boston Scientific

Read time: 1 mins
Last updated: 4th Aug 2015
Published: 4th Aug 2015
Source: Pharmawand
Endo International plc announced the completion of the previously announced sale of its American Medical Systems' (AMS) Men's and Prostate Health businesses to Boston Scientific for a purchase price of up to $1.65 billion, with $1.60 billion in cash having been paid by Boston Scientific to Endo at closing. As previously announced, Endo is also eligible to receive a potential milestone payment of $50 million in cash conditional on the achievement of certain product revenue milestones in the Men's Health and Prostate Health businesses in 2016.
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