J&J Makes $16.6 Billion Bet on Heart Pumps to Boost Medical Device Sales
However, the health products company will face challenges in meeting ambitious growth targets for the new business, and ongoing clinical trials are not certain to produce results that will lead to the wider use of Abiomed’s devices that J&J expects, analysts say. J&J’s medical device business, which sells artificial knees and contact lenses, has seen … Read more