Boston Scientific and Aspect Medical Form Brain-Monitoring Alliance

Originally Published MX July/August 2005

BUSINESS NEWS

Aspect Medical Systems Inc. (Newton, MA) and Boston Scientific Corp. (Natick, MA) have announced the formation of a strategic alliance to advance the development of brain-monitoring technology for diagnosing and treating depression, Alzheimer's disease, and other neurological disorders. Under the terms of the agreement, Boston Scientific will provide Aspect Medical with $25 million to fund the research and development activities.