June 2, 2004 |
Advanced Bionics Corp., a medical device company controlled by Los Angeles businessman Alfred E. Mann, agreed Tuesday to be acquired by industry giant Boston Scientific Corp. Based in Valencia, Advanced Bionics develops miniature devices for deafness, pain and neurological disorders. Mann, 78, is a former aerospace entrepreneur who has made a fortune building and then selling biomedical firms.
September 19, 2000 |
Medical device manufacturer Advanced Bionics Inc. agreed to buy 25 acres of land at the North Campus at Rye Canyon Business Park in Valencia for $9.5 million. It also signed a six-year, $5.5-million lease for 122,579 square feet of office and research space at the business park. The company plans to relocate to Valencia from its headquarters in Sylmar.
October 1, 1997 |
The folks at Advanced Bionics aren't modest when it comes to their goals. They want to help the deaf hear, the blind see and the paralyzed regain the use of their arms and legs. Lofty, perhaps. But with technology advancing at breathtaking speed, employees at the Sylmar company believe their aspirations are within range. They're gearing up to be next century's leaders in neurostimulation.