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Drug-eluting stent market would shrink under proposed mergers of suppliers.(Hospital Purchasing)(Johnson & Johnson)(Guidant Corp.)

Publication: Hospital Materials Management
Publication Date: 01-JAN-05
Format: Online - approximately 521 words
Delivery: Immediate Online Access

Article Excerpt
Johnson & Johnson, New Brunswick, N.J., is expected to complete its acquisition of cardiology supplier Guidant, Indianapolis, later this year. If the deal is approved, materials managers could face higher prices for drug-eluting stents, some observers say. At any rate, there will be one less...

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...future competitor to offer future choices.

In December 2004 J&J confirmed it intended to acquire Guidant, and offered $25.4 billion in stock and cash for the company.

J&J already owns stent maker...

NOTE: All illustrations and photos have been removed from this article.



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