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Benzinga
83 days

Boston Scientific Scraps This Aortic Valve, Sticks To 2025 Outlook

1. BSX halts sales of ACURATE neo2 and Prime valves due to regulatory costs. 2. Company remains confident in broader portfolio and financial targets for 2025. 3. 2025 net sales growth projected at 15%-17% versus previous guidance. 4. Adjusted EPS for 2025 estimated at $2.87-$2.94, up from earlier forecasts. 5. BSX stock down 0.98% at $105.13 amid regulatory and operational challenges.

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FAQ

Why Bearish?

Halting a key product impacts investor confidence and growth prospects. Similar setbacks historically led to stock declines, affecting BSX’s market position.

How important is it?

The article highlights a significant operational decision affecting growth and investor confidence. Product halts can affect revenue streams.

Why Short Term?

Immediate negative investor sentiment likely due to halted products. Long-term outlook remains to be clarified in future earnings calls.

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