Boston Scientific falls after discontinuing heart device, FDA approval pursuit
Shares of medical device maker Boston Scientific BSX.N fall 2% to $103 premarket
BSX says it is discontinuing worldwide sales of its experimental heart device and will no longer seek US FDA approval in the country or other regions
Co says the decision was made due to increased regulatory requirements
Co also says it expects to meet its Q2 and FY25 sales and adjusted earnings forecast
As of last close, stock up ~19% YTD
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