MedTech Dive October 17, 2025
Susan Kelly

Nalu’s implantable neurostimulation system delivers electrical impulses to treat chronic pain originating from the peripheral nerves.

Dive Brief:

  • Boston Scientific said Friday it agreed to buy Nalu Medical, maker of a treatment for chronic peripheral nerve pain, to expand its neuromodulation portfolio.
  • The company, which has been an investor in Nalu since 2017, said it will pay $533 million for the remaining equity that it does not already own. The purchase values Nalu at $600 million in total.
  • Analysts said the transaction continues Boston Scientific’s strategy of expansion through tuck-in deals. “The acquisition fits Boston Scientific’s strategy of bringing in private investments to expand the portfolio,” Citi Research analyst Joanne Wuensch said in a note Friday.

Dive Insight:

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Topics: Medical Devices, Mergers & Acquisitions / JV, Trends
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