Amounts are presented after-tax at the company's effective tax rate, unless the amount is a significant unusual or infrequently occurring item in accordance with FASB Accounting Standards Codification section 740-270-30, "General Methodology and Use of Estimated Annual Effective Tax Rate." The GAAP financial measure most directly comparable to operational net sales and organic net sales is net sales on a GAAP basis.To calculate adjusted net income (loss) and adjusted net income (loss) per share we exclude certain charges (credits) from GAAP net income available to common stockholders. These forward-looking statements include, among other things, statements regarding the financial impact of the BTG transaction, the closing of the divestiture of our microspheres business, our business plans, regulatory approvals, product development and product performance and impact. To calculate organic net sales growth rates, we remove the impact of recent aforementioned acquisitions with no prior period related net sales from operational net sales. In addition, to calculate organic net sales growth rates, we remove from prior year, sales from product lines that we divested. Boston Scientific Announces Recommended Offer to Acquire BTG plc. Home Interventional Oncology Interventional Oncology Corporate and Regional Press Releases BOSTON SCIENTIFIC CLOSES ACQUISITION OF BTG PLC. For a further list and description of these and other important risks and uncertainties that may affect our future operations, see Part I, Item 1A - Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A - Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file hereafter. BTG plc is an international specialist healthcare company that is developing and commercialising products targeting critical care, cancer and other disorders. MARLBOROUGH, Mass., July 29, 2020 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated sales of $2.003 billion during the second quarter of 2020.
Please refer to Part II, Item 7.
We further believe that providing this information assists our investors in understanding our operating performance and the methodology used by management to evaluate and measure such performance. Upon the effectiveness of the scheme of arrangement, BTG became a wholly-owned subsidiary of Boston Scientific, and BTG shares no longer trade on the London Stock Exchange. All rights reserved.Boston Scientific is dedicated to transforming lives through innovative medical solutions that improve the health of patients around the world.Cautionary Statement Regarding Forward-Looking Statements These factors, in some cases, have affected and in the future (together with other factors) could affect our ability to implement our business strategy and may cause actual results to differ materially from those contemplated by the statements expressed in this press release. Factors that may cause such differences include, among other things: future economic, political, competitive, reimbursement and regulatory conditions; new product introductions; demographic trends; intellectual property; litigation; financial market conditions; and future business decisions made by us and our competitors. These forward-looking statements are based on our beliefs, assumptions and estimates using information available to us at the time and are not intended to be guarantees of future events or performance. BTG was a constituent of the FTSE 250 Index until it was acquired by Boston Scientific in August 2019. If our underlying assumptions turn out to be incorrect, or if certain risks or uncertainties materialize, actual results could vary materially from the expectations and projections expressed or implied by our forward-looking statements. Interventional Oncology and Vascular Products
This represents a … Under the terms of the previously announced transaction, holders of BTG common shares will receive 840 pence in cash per share.
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