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Relievant Medsystems

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uuid00041rr

Namestring
Relievant Medsystems
Legal namestring
Relievant MedSystems, Inc.
Websiteurl
relievant.com
Company typeenum
Private
Founded yearint
2006
Descriptiontext

Relievant Medsystems is a U.S. medical device company founded in 2006 and headquartered in Edina, Minnesota, that develops and commercializes the Intracept Procedure (Intracept Intraosseous Nerve Ablation System), an FDA-cleared, one-time minimally invasive outpatient treatment for chronic vertebrogenic low back pain. The procedure uses targeted radiofrequency energy to ablate the basivertebral nerve within the vertebral body, interrupting pain signal transmission; the nerve has not demonstrated capacity to regenerate, which supports durable clinical outcomes (75% of patients report sustained improvement at 5 years, per Fischgrund et al., 2020). The product is a single-procedure offering with no platform-plus-modules architecture, and the company's offerings are limited to the ablation system and supporting physician-training infrastructure.

The company commercializes the procedure through a trained-physician specialist network, employing an enterprise field sales motion that targets pain management clinicians and healthcare provider sites; patients are routed to trained physicians via a find-a-doctor locator on the patient-facing intracept.com site. Marketing channels center on patient education content, a patient ambassador program, and an insurance coverage finder tool. Indication is narrowly defined: patients with chronic low back pain of at least six months, prior conservative care of at least six months, and MRI features consistent with Modic changes.

Relievant was a venture capital-backed private company that raised approximately $240 million across multiple rounds from a syndicate including New Enterprise Associates, Canaan Partners, Endeavour Vision, Vensana Capital, Lightstone Ventures, Morgenthaler Ventures, and Ally Bridge Group. In January 2026 the company was acquired by Boston Scientific Corporation and integrated into its Neuromodulation segment, which reported mid-teens pain management growth partly attributable to Relievant contributions. The company's operating geography is the United States, and the Intracept brand continues to be marketed under the Boston Scientific portfolio.

Short descriptiontext

Relievant Medsystems develops and commercializes the Intracept Procedure, an FDA-cleared minimally invasive radiofrequency ablation of the basivertebral nerve for chronic vertebrogenic low back pain, distributed through a trained physician network in the United States.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMinneapolis, United States
HQ citystring
Minneapolis
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
chronic pain treatment, minimally invasive procedures, radiofrequency ablation, spine medical devices, intraosseous nerve ablation
Industry2 codes
1Pain Medicine (Interventional/Neuropathic Pain)
CodeHLAKAIAMPrimaryYes
2Pain Management (Spine & Musculoskeletal)
CodeHLAKALAMPrimaryNo
NAICS code1 code
  • Electromedical and Electrotherapeutic Apparatus Manufacturing334510
SIC code2 codes
  • Surgical & Medical Instruments & Apparatus3841
  • Electromedical & Electrotherapeutic Apparatus3845
Product category
Minimally invasive spine medical devices
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Intracept Procedure Commercialization
TypeOne Time License
Description

Relievant Medsystems generates revenue through commercialization of its FDA-cleared Intracept Procedure for treating chronic vertebrogenic low back pain. The company has raised $240 million in total funding to support commercialization efforts, with Boston Scientific acquiring the company in 2026.

tcbmag.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Marketing or Sales, Supply Chain, Personnel, Operations
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Relievant Medsystems developed and commercialized the Intracept Procedure, a one-time, minimally invasive, outpatient treatment that uses targeted radiofrequency energy to ablate (heat) the basivertebral nerve within vertebrae to stop chronic vertebrogenic low back pain signals. The procedure is drug-free, implant-free, FDA-cleared, takes 60-90 minutes, and is supported by purpose-built surgical tools and 15+ years of clinical evidence.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 75% of patients still experience improvements in pain and daily activities after 5 years
+3 more records
Product overview1 text field

Relievant Medsystems offers a single core product: the Intracept Procedure (also known as the Intracept™ Intraosseous Nerve Ablation System). This is a one-time, minimally invasive outpatient procedure that uses targeted radiofrequency ablation to treat chronic vertebrogenic low back pain by deactivating the basivertebral nerve. The company does not operate a platform-plus-modules architecture; its offering consists of this single FDA-cleared procedure.

Product and service1 record
1Intracept Procedure (Intracept Intraosseous Nerve Ablation System)
CategoryMinimally invasive spine medical device / interventional pain management procedure
Description

A one-time, minimally invasive, outpatient procedure that uses targeted radiofrequency energy to ablate (heat) the basivertebral nerve within the vertebrae to stop pain signal transmission to the brain, providing long-term relief for chronic vertebrogenic low back pain in adult patients with Modic changes on MRI who have failed at least 6 months of conservative care. The procedure is drug-free, implant-free, takes 60-90 minutes, and provides 5+ years of pain relief. It is sold to and performed by trained pain management physicians and interventional spine specialists in the U.S.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Vertos Medical offers the mild Procedure, a minimally invasive interventional treatment for lumbar spinal stenosis that targets chronic low back and leg pain. Like Relievant, it is a device-based interventional pain company focused on outpatient, implant-free procedures for chronic low back pain patients who have failed conservative care.

TypeDirect peer
Description

SI-BONE develops minimally invasive solutions for sacroiliac joint dysfunction, a major contributor to chronic low back pain. It is comparable to Relievant as a specialty interventional spine company that commercializes a single, procedurally distinct, FDA-cleared implant/procedure system through trained-physician networks.

TypeDirect peer
Description

PainTEQ developed LinQ, a minimally invasive SI joint fusion procedure for chronic low back pain. It is directly comparable to Relievant as a single-product interventional pain company commercializing a minimally invasive, outpatient procedure through specialist networks.

TypeDirect peer
Description

Nevro markets HF10 therapy, a high-frequency spinal cord stimulation system for chronic pain, including intractable low back and leg pain. It is comparable to Relievant as a neuromodulation-based interventional pain company competing for the same refractory chronic low back pain patient population.

TypeBroad incumbent
Description

Medtronic operates a broad Pain Therapies and Spine portfolio including spinal cord stimulation, targeted drug delivery, and intervertebral devices for chronic pain. It is comparable to Relievant as a large incumbent serving the same interventional pain and spine market with overlapping clinical customers.

TypeBroad incumbent
Description

Abbott's Neuromodulation division offers spinal cord stimulation and dorsal root ganglion stimulation systems for chronic pain. It competes with Relievant for the same refractory chronic low back pain patients via an alternative neuromodulation modality, while operating across many other medical device categories.

TypeBroad incumbent
Description

Boston Scientific is Relievant's acquirer and parent company, and its Neuromodulation segment includes spinal cord stimulation and radiofrequency ablation products for chronic pain. It is comparable as the broader portfolio incumbent whose pain franchise now encompasses the Intracept Procedure.

TypeBroad incumbent
Description

Stryker's Spine division and its 2024 acquisition of PainTEQ position it as a major interventional spine and chronic pain player. It is comparable to Relievant as a diversified medical device incumbent with growing interventional pain capabilities targeting chronic low back pain.

TypeEmerging player
Description

Saluda Medical is developing closed-loop spinal cord stimulation systems for chronic pain, including chronic low back pain. It is comparable to Relievant as an emerging interventional pain neuromodulation company competing for similar refractory patients with novel neurostimulation technology.

TypeEmerging player
Description

Stimwave developed wireless, injectable peripheral nerve stimulation and spinal cord stimulation devices for chronic pain management. It is comparable to Relievant as a niche neuromodulation innovator pursuing minimally invasive, outpatient solutions for chronic pain patients.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds9 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors11 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Relievant Medsystems

Minimally invasive spine medical devicesrelievant.com

Relievant Medsystems develops and commercializes the Intracept Procedure, an FDA-cleared minimally invasive radiofrequency ablation of the basivertebral nerve for chronic vertebrogenic low back pain, distributed through a trained physician network in the United States.

What Relievant Medsystems does

Relievant Medsystems is a U.S. medical device company founded in 2006 and headquartered in Edina, Minnesota, that develops and commercializes the Intracept Procedure (Intracept Intraosseous Nerve Ablation System), an FDA-cleared, one-time minimally invasive outpatient treatment for chronic vertebrogenic low back pain. The procedure uses targeted radiofrequency energy to ablate the basivertebral nerve within the vertebral body, interrupting pain signal transmission; the nerve has not demonstrated capacity to regenerate, which supports durable clinical outcomes (75% of patients report sustained improvement at 5 years, per Fischgrund et al., 2020). The product is a single-procedure offering with no platform-plus-modules architecture, and the company's offerings are limited to the ablation system and supporting physician-training infrastructure.

The company commercializes the procedure through a trained-physician specialist network, employing an enterprise field sales motion that targets pain management clinicians and healthcare provider sites; patients are routed to trained physicians via a find-a-doctor locator on the patient-facing intracept.com site. Marketing channels center on patient education content, a patient ambassador program, and an insurance coverage finder tool. Indication is narrowly defined: patients with chronic low back pain of at least six months, prior conservative care of at least six months, and MRI features consistent with Modic changes.

Relievant was a venture capital-backed private company that raised approximately $240 million across multiple rounds from a syndicate including New Enterprise Associates, Canaan Partners, Endeavour Vision, Vensana Capital, Lightstone Ventures, Morgenthaler Ventures, and Ally Bridge Group. In January 2026 the company was acquired by Boston Scientific Corporation and integrated into its Neuromodulation segment, which reported mid-teens pain management growth partly attributable to Relievant contributions. The company's operating geography is the United States, and the Intracept brand continues to be marketed under the Boston Scientific portfolio.

Relievant Medsystems firmographics

Firmographics
Name
Relievant Medsystems
Legal name
Relievant MedSystems, Inc.
Website
https://relievant.com
Company type
Private
Founded year
2006
Operating status
Acquired
Headcount range
11–50 employees
Short description
Relievant Medsystems develops and commercializes the Intracept Procedure, an FDA-cleared minimally invasive radiofrequency ablation of the basivertebral nerve for chronic vertebrogenic low back pain, distributed through a trained physician network in the United States.
Ownership category
akta.pro rank

Relievant Medsystems industry classification

Industry
Product category
Minimally invasive spine medical devices
NAICS
Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
SIC
Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)
akta.pro primary industry
Pain Medicine (Interventional/Neuropathic Pain) (HLAKAIAM)
akta.pro secondary industry
Pain Management (Spine & Musculoskeletal) (HLAKALAM)

Keywords

  • Chronic pain treatment
  • Minimally invasive procedures
  • Radiofrequency ablation
  • Spine medical devices
  • Intraosseous nerve ablation

Where Relievant Medsystems is headquartered

Location

Headquarters

HQ city
Minneapolis
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Relievant Medsystems business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Marketing or Sales, Supply Chain, Personnel, Operations

Revenue model

  1. Intracept Procedure Commercialization: Relievant Medsystems generates revenue through commercialization of its FDA-cleared Intracept Procedure for treating chronic vertebrogenic low back pain. The company has raised $240 million in total funding to support commercialization efforts, with Boston Scientific acquiring the company in 2026.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Relievant Medsystems product offering

Product offering

Core offering

Relievant Medsystems developed and commercialized the Intracept Procedure, a one-time, minimally invasive, outpatient treatment that uses targeted radiofrequency energy to ablate (heat) the basivertebral nerve within vertebrae to stop chronic vertebrogenic low back pain signals. The procedure is drug-free, implant-free, FDA-cleared, takes 60-90 minutes, and is supported by purpose-built surgical tools and 15+ years of clinical evidence.

Product overview

Relievant Medsystems offers a single core product: the Intracept Procedure (also known as the Intracept™ Intraosseous Nerve Ablation System). This is a one-time, minimally invasive outpatient procedure that uses targeted radiofrequency ablation to treat chronic vertebrogenic low back pain by deactivating the basivertebral nerve. The company does not operate a platform-plus-modules architecture; its offering consists of this single FDA-cleared procedure.

Differentiator

Problem solved

Functional benefit

Products and services

  • Intracept Procedure (Intracept Intraosseous Nerve Ablation System) A one-time, minimally invasive, outpatient procedure that uses targeted radiofrequency energy to ablate (heat) the basivertebral nerve within the vertebrae to stop pain signal transmission to the brain, providing long-term relief for chronic vertebrogenic low back pain in adult patients with Modic changes on MRI who have failed at least 6 months of conservative care. The procedure is drug-free, implant-free, takes 60-90 minutes, and provides 5+ years of pain relief. It is sold to and performed by trained pain management physicians and interventional spine specialists in the U.S.

Quantifiable outcome

  • 75% of patients still experience improvements in pain and daily activities after 5 years
  • +3 more outcomes

Companies that use Relievant Medsystems

Customer profile

Segments1 record

Ideal customer profiles1 record

Relievant Medsystems technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Relievant Medsystems partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Relievant Medsystems competitors and assessment

Company assessment

Direct peers

  • Vertos Medical: Vertos Medical offers the mild Procedure, a minimally invasive interventional treatment for lumbar spinal stenosis that targets chronic low back and leg pain. Like Relievant, it is a device-based interventional pain company focused on outpatient, implant-free procedures for chronic low back pain patients who have failed conservative care.
  • SI-BONE: SI-BONE develops minimally invasive solutions for sacroiliac joint dysfunction, a major contributor to chronic low back pain. It is comparable to Relievant as a specialty interventional spine company that commercializes a single, procedurally distinct, FDA-cleared implant/procedure system through trained-physician networks.
  • PainTEQ: PainTEQ developed LinQ, a minimally invasive SI joint fusion procedure for chronic low back pain. It is directly comparable to Relievant as a single-product interventional pain company commercializing a minimally invasive, outpatient procedure through specialist networks.
  • Nevro: Nevro markets HF10 therapy, a high-frequency spinal cord stimulation system for chronic pain, including intractable low back and leg pain. It is comparable to Relievant as a neuromodulation-based interventional pain company competing for the same refractory chronic low back pain patient population.

Broad incumbents

  • Medtronic: Medtronic operates a broad Pain Therapies and Spine portfolio including spinal cord stimulation, targeted drug delivery, and intervertebral devices for chronic pain. It is comparable to Relievant as a large incumbent serving the same interventional pain and spine market with overlapping clinical customers.
  • Abbott: Abbott's Neuromodulation division offers spinal cord stimulation and dorsal root ganglion stimulation systems for chronic pain. It competes with Relievant for the same refractory chronic low back pain patients via an alternative neuromodulation modality, while operating across many other medical device categories.
  • Boston Scientific: Boston Scientific is Relievant's acquirer and parent company, and its Neuromodulation segment includes spinal cord stimulation and radiofrequency ablation products for chronic pain. It is comparable as the broader portfolio incumbent whose pain franchise now encompasses the Intracept Procedure.
  • Stryker: Stryker's Spine division and its 2024 acquisition of PainTEQ position it as a major interventional spine and chronic pain player. It is comparable to Relievant as a diversified medical device incumbent with growing interventional pain capabilities targeting chronic low back pain.

Emerging players

  • Saluda Medical: Saluda Medical is developing closed-loop spinal cord stimulation systems for chronic pain, including chronic low back pain. It is comparable to Relievant as an emerging interventional pain neuromodulation company competing for similar refractory patients with novel neurostimulation technology.
  • Stimwave Technologies: Stimwave developed wireless, injectable peripheral nerve stimulation and spinal cord stimulation devices for chronic pain management. It is comparable to Relievant as a niche neuromodulation innovator pursuing minimally invasive, outpatient solutions for chronic pain patients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Relievant Medsystems social profiles

Digital presence

Relievant Medsystems financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Relievant Medsystems leadership team

Management profile

Number of profiles

Profiles5 records

Relievant Medsystems funding detail

Funding detail

Funding overview

Funding rounds9 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Relievant Medsystems M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Relievant Medsystems

What does Relievant Medsystems do?

Relievant Medsystems developed and commercialized the Intracept Procedure, a one-time, minimally invasive, outpatient treatment that uses targeted radiofrequency energy to ablate (heat) the basivertebral nerve within vertebrae to stop chronic vertebrogenic low back pain signals. The procedure is drug-free, implant-free, FDA-cleared, takes 60-90 minutes, and is supported by purpose-built surgical tools and 15+ years of clinical evidence.

Is Relievant Medsystems a public or private company?

Relievant Medsystems is a private company. It is classified as corporate owned and is currently acquired.

When was Relievant Medsystems founded?

Relievant Medsystems was founded in 2006. It employs 11 to 50 people.

Where is Relievant Medsystems based?

Relievant Medsystems is headquartered in Minneapolis, United States, in the North America region.

How does Relievant Medsystems make money?

One revenue line is on record: intracept Procedure Commercialization.

Who are Relievant Medsystems's main competitors?

Direct peers on record are Vertos Medical, SI-BONE, PainTEQ and Nevro. Broad incumbents are Medtronic, Abbott, Boston Scientific and Stryker. Emerging players are Saluda Medical and Stimwave Technologies.

Does Relievant Medsystems have an API?

No public API is recorded for Relievant Medsystems.

What industry is Relievant Medsystems in?

Relievant Medsystems's product category is Minimally invasive spine medical devices. Its primary akta.pro industry code is HLAKAIAM, Pain Medicine (Interventional/Neuropathic Pain), with a secondary code of HLAKALAM, Pain Management (Spine & Musculoskeletal). Its NAICS code is 334510 and its SIC code is 3841.

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Live signals
PR NewswireNerve Repair and Regeneration Market worth $12.64 billion by 2031 - Exclusive Report by MarketsandMarkets™The nerve repair and regeneration market is projected to grow from $8.06 billion in 2026 to $12.64 billion by 2031, a CAGR of 9.42%. North America led with a 40% share in 2025, and neurostimulation devices held 86.2% of the product segment. Asia Pacific is expected to see the highest growth rate.openPR.comEmerging Sub-Segments Transforming the Ablation Devices Market LandscapeThe ablation devices market is projected to grow to $14.02 billion by 2030, driven by demand for minimally invasive procedures, technological advancements, and expanded outpatient surgical infrastructure. In September 2023, Boston Scientific Corporation acquired Relievant Medsystems for $850 million to strengthen its chronic pain treatment portfolio, while Medtronic announced in February 2024 the successful first commercial cases of its FDA-approved PulseSelect pulsed field ablation system for treating atrial fibrillation.BioSpaceBoston Scientific Closes Acquisition of Relievant Medsystems, Inc.Boston Scientific Corporation has completed the acquisition of Relievant Medsystems, Inc., a medical technology firm specializing in the Intracept system for treating vertebrogenic pain. The transaction involves an upfront cash payment of $850 million plus contingent payments based on future sales performance. This deal integrates Relievant's nerve ablation therapy into Boston Scientific’s chronic pain portfolio, expanding treatment options for patients covered by major national insurers.PR NewswireBoston Scientific Closes Acquisition of Relievant Medsystems, Inc.Boston Scientific Corporation has completed its acquisition of Relievant Medsystems Inc., which offers the FDA-cleared Intracept® Intraosseous Nerve Ablation System for treating vertebrogenic pain. The acquisition includes an upfront cash payment of $850 million, with additional contingent payments tied to sales performance over the next three years. This move is expected to enhance Boston Scientific's chronic pain portfolio and expand access to treatment for over 150 million lives through recently secured healthcare coverage.BostonscientificBoston Scientific Closes Acquisition of Relievant Medsystems, Inc.Boston Scientific Corporation has completed the acquisition of Relievant Medsystems Inc. for an upfront cash payment of $850 million plus contingent payments based on sales performance. This transaction adds Relievant's Intracept system, a therapy for vertebrogenic chronic low back pain, to Boston Scientific's chronic pain portfolio.PR NewswireBOSTON SCIENTIFIC ANNOUNCES RESULTS FOR THIRD QUARTER 2023Boston Scientific reported third-quarter 2023 net sales of $3.527 billion, representing an 11.2% increase year-over-year and beating its guidance range, while GAAP net income rose to $505 million or $0.34 per share. The company also announced the acquisition of Relievant Medsystems and received multiple regulatory approvals for new medical devices, including the POLARx Cryoablation System and expanded indications for the WATCHMAN FLX device.GlobeNewswireRelievant Medsystems Announces Positive Coverage Policy forRelievant Medsystems announced Anthem Blue Cross and Blue Shield established favorable coverage for the Intracept Procedure, effective Sept 27, expanding access to over 36 million patients. The coverage follows Cigna's June 2023 decision and builds on positive payer determinations. The company aims to expand access further.Pulse 2.0Boston Scientific To Buy Relievant Medsystems For Over $850 Million: DetailsBoston Scientific agreed to acquire Relievant Medsystems for $850 million in cash plus contingent payments. The deal includes the Intracept system for vertebrogenic pain, with expected sales over $70 million in 2023 and 50%+ growth in 2024. Closing is expected in the first half of 2024.GlobeNewswireRelievant Medsystems Introduces Intracept Simulator System Powered by Medability for Improved and Expanded Physician Training OpportunitiesRelievant Medsystems announced the Intracept Simulator System, a radiation-free training platform based on Medability's SimBone technology. The system uses virtual x-ray, CT imaging, and navigation with a realistic lumbosacral spine model to train physicians on the Intracept Procedure. The company aims to expand physician training and improve patient outcomes for vertebrogenic low back pain.BostonscientificBoston Scientific Announces Agreement to Acquire Relievant Medsystems, Inc.Boston Scientific has entered into a definitive agreement to acquire Relievant Medsystems for an upfront cash payment of $850 million plus contingent sales-based payments. The acquisition is intended to expand Boston Scientific's neuromodulation portfolio by adding the Intracept system, which treats vertebrogenic chronic low back pain. The transaction is expected to close in the first half of 2024 and is projected to be accretive to earnings from 2025 onwards.