Cordis acquires Ensure Medical

AuntMinnie.com staff writers
Jul 12, 2006

Johnson & Johnson subsidiary Biologics Delivery Systems Group, Cordis reported that it has acquired Ensure Medical, a privately held company based in Sunnyvale, CA, that develops devices for post-catheterization closure of the femoral artery.

As a result of the purchase, Johnson & Johnson expects to incur an estimated one-time after-tax charge of approximately $52 million related to the expensing of in-process research and development. Other terms of the transaction were not disclosed.

By AuntMinnie.com staff writers
July 13, 2006

Related Reading

Cordis Cypher Select Plus nets CE Mark, June 22, 2006

J&J to appeal Boston Scientific stent ruling, June 16, 2006

Cordis unveils next-generation transhepatic biliary stent, June 9, 2006

Cordis to establish Silicon Valley research center, May 25, 2006

Cordis releases Smart stent, May 16, 2006

Copyright © 2006 AuntMinnie.com

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