Boston Scientific holding company in €752m loss

A HOLDING company for Boston Scientific’s Irish and a number of international subsidiaries last yearrecorded pre-tax losses of over $1 billion (€752 million).

Accounts just filed by ‘BSC International Holding Ltd and Subsidiaries’ to the Companies Registration Office show that the company plunged into the red last year after recording pre-tax profits of $899.4m in 2008.

The leading US medical device manufacturer is one of the largest companies in Ireland, employing more than 4,500 people here.