Boston Scientific is seeking to make a $150 million investment to boost its commercial presence in China. The company will set up a training center for Chinese healthcare providers. The medical devices maker expects the move to help increase its revenue in the nation to more than $500 million exiting 2016. As part of the investment, the company will also further invest in research and development, clinical studies and increase its employee base to more than 1,200 from about 200.

Click here for the release from PR Newswire.