Boston Scientific inks deal for device-tracking technology

Interventional device developer Boston Scientific of Natick, MA, has signed an agreement with an Israeli technology firm to develop a new generation of intravascular ultrasound systems (IVUS) that would provide 3-D images of coronary arteries.

Boston Scientific plans to combine its IVUS technology with a sensor tracking system developed by MediGuide of Haifa. MediGuide’s Medical Positioning System (MPS) is designed to monitor the exact location and orientation of miniature sensors that can be attached to devices such as catheters. MPS could also be used with MRI, CT, and angiography systems, according to MediGuide.

By adding MPS to IVUS, Boston Scientific and MediGuide hope to create IVUS systems that produce 3-D images. The company believes that such devices will provide more useful clinical information and allow for easier image interpretation than existing 2-D IVUS products.

The deal between the firms includes an equity investment, technology licenses, and global distribution rights. Boston Scientific also has an option to acquire MediGuide, a subsidiary of Israeli technology firm Elbit Systems, at a future date.

By AuntMinnie.com staff writers
May 19, 2003

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