Rivals Spent $1.5 Billion on 80 Patients and Half are Dead, Says Boston Scientific CMO

Medical device acquirers spent something in the neighborhood of $1.5 billion over the past few months on transcatheter mitral valve replacement acquisitions to treat just 80 patients, half of whom are now dead, Boston Scientific (NYSE:BSX) chief medical officer Dr. Keith Dawkins said today.

“There’s been, really [since] a few months ago, $1.5 billion, roughly, spent on about 80 patients, 40 of whom are dead,” Dawkins said at the annual J.P. Morgan healthcare conference in San Francisco.

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