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April 16, 2008

Boston Scientific To Buy California Co.

Natick-based Boston Scientific Corp. will buy San Diego-based medical technology company CryoCor Inc. for about $17.6 million.

The companies have been working together since June to develop a treatment for atrial fibrillation, the most common cardiac arrhythmia.

CryoCor's board of directors has approved the deal, which is expected to close this quarter.

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