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J&J's Centocor Buy Eyes Potential $4 Bil. ReoPro Market To Spur Stent Sales

This article was originally published in The Gray Sheet

Executive Summary

Johnson & Johnson's $4.9 bil. stock acquisition of biotechnology firm Centocor is motivated in part by the potential for Centocor's antiplatelet monoclonal antibody-based drug ReoPro (abciximab) to boost sales of coronary stents by J&J's Cordis unit.

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