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Guidant bets on itself by writing off Impulse option

This article was originally published in Clinica

Executive Summary

Guidant has abandoned its option on the resynchronisation technology of Israeli cardiac company Impulse Dynamics. In March last year it paid Johnson & Johnson an initial $125 million for the technology as part of a complicated arrangement to free Guidant from ongoing litigation over infringements of the rapid exchange cardiac catheter patent.

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