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Medical device maker Stryker says not in talks to buy Boston Scientific


(Reuters) - Medical device maker Stryker Corp is not in talks to buy rival Boston Scientific Corp, the company said in a regulatory filing on Wednesday, two days after a media report of a potential deal between the two surfaced.Stryker's shares rose 7 percent to $174 in premarket trading after falling 9 percent in the last two days. Boston Scientific's shares fell 6.8 percent to $31.60. They closed up 7.4 percent on Monday.There has been rapid consolidation across the healthcare industry in recent years, but there has been a slower stream of larger deals in the medical ...

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First Published: Wed, June 13 2018. 18:51 IST