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Tag: synthes

Johnson & Johnson Buys Synthes for $21.3 Billion to Boost Trauma Products

Akillas | April 28, 2011 | 0 Comments
Johnson & Johnson Buys Synthes for $21.3 Billion to Boost Trauma Products

By Allison Connolly and Alex Nussbaum - Apr 27, 2011 11:32 PM GMT+0300 Source: bloomberg.com Johnson & Johnson (JNJ) agreed to buy Synthes Inc. (SYST)for $21.3 billion in the biggest purchase of the company’s 125-year history, to become the leader in the $5.5 billion market for devices that treat trauma victims. Synthes holders will receive 159 Swiss francs a [...]

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Synthes Possible Acquisition from J&J

Akillas | April 19, 2011 | 0 Comments
Synthes Possible Acquisition from J&J

Synthes, Inc. Statement West Chester (PA), USA, April 18, 2011 In response to market speculation, Synthes, Inc. (SIX Swiss Exchange: SYST.VX), confirms that it is engaged in discussions with Johnson & Johnson about a potential business combination transaction. No assurance can be given as to whether, when or on what terms any possible transaction might [...]

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Synthes Reports Solid 2010 Results: Sales Growth above Market and Improved Profitability

Akillas | February 28, 2011 | 0 Comments
Synthes Reports Solid 2010 Results: Sales Growth above Market and Improved Profitability

West Chester (PA), USA, February 16, 2011 Synthes (SIX: SYST.VX) today announced its Fourth Quarter sales and Full Year 2010 financial results. Full Year 2010 ·   Global revenue increased 8.6% (7.5% in local currency [LC]) vs. prior year (PY) to US$ 3,687.0 million. ·   Trauma and CMF generated combined 10% sales growth globally (LC) primarily through new [...]

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Synthes USA sues former sales rep, Biomet for stealing customers

Akillas | September 20, 2010 | 1 Comment
Synthes USA sues former sales rep, Biomet for stealing customers

Synthes USA sues former sales rep, Biomet for stealing customers Synthes USA slapped a former sales rep and Biomet Inc. with a lawsuit accusing them of colluding to steal customers from the sales rep’s Ohio territory. The suit, filed in the U.S. District Court for Eastern Pennsylvania, alleges that John Scott of Dublin, Ohio, conspired [...]

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