Boston Scientific posts 15% gain

Pre-tax profits at the Irish business of Boston Scientific and a number of overseas subsidiaries last year rose over 15% to $488m (€454m).

The leading US medical device manufacturer is one of the largest companies in Ireland, employing almost 5,000 people at sites in Galway, Cork, and Clonmel.

According to accounts for Boston Scientific Group, just filed with the Companies Office, the business recorded the sharp increase in profits after revenues grew by 5% to $5.54bn in the 12 months to the end of December last.