CR Bard purchases cardiac assist from St Jude Medical:
This article was originally published in Clinica
CR Bard will acquire the cardiac assist division of St Jude Medical for undisclosed terms. The division manufactures intra-aortic balloon pumps and catheter systems as well as centrifuged pump systems. It will be integrated into Bard's vascular systems division. The deal is expected to be completed in early 1996. St Jude had been contemplating an alliance or an exit for its cardiac assist division for some time.