Abbott Makes Its Play In Stents
Executive Summary
In building its interventional cardiology business, Abbott Laboratories has generally avoided going head-to-head with any of the major cardiovascular device players in traditional product markets such as coronary stents. But that is about to change. Its acquisition of Biocompatibles' stent business marks Abbott's entry into cardiology's major league as the company attempts to establish itself in what looks to be the next blockbuster cardiovascular device product market--drug-coated stents.
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