Cardinal Health moves into devices
This article was originally published in The Gray Sheet
Executive Summary
Cardinal Health acquires Snowden Pencer from Linx Partners and other private investors March 8. Snowden will add its Switch Blade surgical scissors, Diamond-Line, -Jaw, -Edges, -Flex and -Drive surgical instruments to Cardinal's broad line of surgical device kits. which yielded about $605 mil. in 2003 revenue. In 2001, Snowden was spun off from Genzyme, which purchased the firm for $250 mil. in 1996...