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Boston Scientific

Headquarters: One Boston Scientific Place
Natick, MA 01760
Employees: 25,000
CEO: James Tobin
Stock Symbol: BSX

Website: http://www.bostonscientific.com

Career Page

Boston Scientific is a developer and marketer of medical products that can improve patient care. Products cover electrophysiology, cardiology, neuro inventions, vascular surgery, gynecology, pulmonary endoscopy, peripheral interventions, radiology/oncology interventions, endoscopy and urology. The company delivers more than 13,000 products to 45 countries.

One of the company's biggest products are stents, which are tubes that help open clogged blood vessels.

The company has 26 manufacturing, distribution & technology centers.

For 2008, the company reported revenues of $8.0 billion. Net loss for the year was $2.07 billion due to restructuring charges and accounting writedowns.

History

Boston Scientific began in the late 1960s, when co-founder John Abele acquired an equity interest in Medi-tech, Inc., a research and development company focused on developing alternatives to traditional surgery. Medi-tech's first products, a family of steerable catheters, were introduced in 1969 and were used in some of the first less-invasive procedures. Versions of these steerable catheters are still used today. In 1979, Abele and Pete Nicholas partnered to buy Medi-tech and together formed Boston Scientific Corporation.

In 2006, Boston Scientific acquired Guidant's Cardiac Rhythm Management and Cardiac Surgery business units.

Benefits

Most benefits begin on first day of employment.

* Paid time off
* Medical, dental and vision plans
* Health care and dependent care flexible spending accounts
* Life insurance
* Adoption assistance
* Educational assistance
* 401(k) retirement savings plan with company match
* Employee stock ownership plan

Many sites enjoy various on-site facilities that make balancing work and life a little easier, like:

* On-site fitness center
* Dry cleaning
* Barbershops
* Full-service cafés
* Car wash/car detailing
* Boston Scientific Company Store
* ATMs & Credit Union
* Ride-share program
* Local merchant discounts
* Discount movie tickets
* Book fairs
* Company & employee sports teams & events
* Daycare facility or assistance

Updated April 29, 2009

 

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