J&J buys heart pump maker Abiomed for $16.6 billion before consumer health fallout

J&J buys heart pump maker Abiomed for $16.6 billion before consumer health fallout

Nov 1 (Reuters) – Johnson & Johnson (JNJ.N) said on Tuesday it had reached an agreement to buy heart pump maker Abiomed Inc (ABMD.O) for $16.6 billion in cash, in a bid to boost the growth of its medical devices unit after the planned spin-off of the consumer healthcare business next year. J&J agreed to …

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