Boston Scientific transferring Galil Medical exercise to Eire

Boston Scientific is to shut its Galil Medical subsidiary in Yokne’am and switch its exercise to a central manufacturing website in Eire, “Globes” has discovered. The transfer will happen step by step, ending in 2027-2028. In line with estimates that haven’t been confirmed by the corporate, the Yokne’am website employs about 100 folks.

In response to an enquiry from “Globes”, a spokesperson for Boston Scientific mentioned, “We’re transferring the manufacturing exercise that takes place on the Galil Medical website in Yokne’am , which helps our portfolio of options in interventional oncology cryoablation, to the Boston Scientific website in Galway, Eire. This gradual change will assist us to fulfill the anticipated demand for the merchandise.

“We have now notified the staff of the intention of step by step transferring this work in December 2025, and count on the switch to be accomplished by early 2028. We see the staff who will probably be affected by this determination as the best precedence. They’ve obtained notification of the change, and can obtain a chance to submit candidacy for vacant positions in Boston Scientific and help within the switch course of.

“The corporate has a flourishing laser growth and manufacturing middle in Israel (acquired from Lumenis in 2021 for $1.1 billion – G.W.), and it acknowledges the added worth that the enterprise setting in Israel contributes to it. The corporate will proceed to function, make investments, and be current in Israel.”

In addition to the laser exercise purchased from Lumenis, earlier this yr Boston Scientific purchased SoniVie, developer of a tool for treating hypertension, for $360 million. It’s invested in a number of further medical system corporations in Israel.

Galil Medical, one of many oldest established medical system corporations nonetheless energetic in Israel, produces units for freezing cancerous growths. It has undergone ups and downs over time and handed although a number of ownerships. Boston Scientific grew to become the proprietor of the corporate in 2019 when it purchased a medical system firm referred to as BTG, which centered on oncology and emergency drugs. BTG had purchased Galil Medical in 2016 for $110 million.

Galil Medical was based in 1997 on the idea of know-how developed at protection firm Rafael Superior Protection Programs. When it set out, it was one among Israel’s most distinguished medical system corporations. It developed a medical system designed to burn tissue in a micro-invasive freezing process. The primary software was for prostate most cancers. The tactic concerned inserting a needle into the prostate gland and injecting gasoline into it ensuing within the formation of an ice ball on the finish of it that will freeze solely the cancerous tissue.

Printed by Globes, Israel enterprise information – en.globes.co.il – on December 11, 2025.

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