Alumni make huge deal for medical devices business
A company that is co-owned by former classmates at Waterloo Engineering has hit pay dirt with the sale of its cardiology business for US $1.75 billion.
Baylis Medical Company Inc., which is co-owned by Frank Baylis (BASc ’86, electrical engineering) and Kris Shah (BASc ’86, electrical engineering), announced this week that it has reached a deal with Boston Scientific Corp. that is expected to close in the first quarter of 2022.