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J&J accepts offer from Cardinal Health for Cordis unit

2015-05-28 15:24:57| Biotech - Topix.net

Health care giant Johnson & Johnson has formally accepted a $1.94 billion offer to sell its Cordis heart devices unit to Cardinal Health. The Cordis business, which is based in Fremont, California, had 2014 revenue of about $780 million on heart devices such as stents and catheters.

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Category:Biotechnology and Pharmaceuticals

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