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Boston Scientific to buy Cameron Health

By Robert Weisman

 |  Globe Staff  

  March 08, 2012

Natick medical device giant Boston Scientific Corp. said Thursday that it is exercising an option to buy Cameron Health Inc., a privately held company that is developing an implantable heart defibrillator, in a transaction that includes an upfront payment of $150 million. The buyout could have a higher value, as much as $1.3 billion, if Cameron, based in San Clemente, Calif., wins approval for its defibrillator, called the S-ICD System, and achieves certain sales targets.

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