Navigation Links
Johnson & Johnson Announces Definitive Agreement to Acquire Micrus Endovascular
Date:7/12/2010

NEW BRUNSWICK, N.J. and SAN JOSE, Calif., July 12 /PRNewswire-FirstCall/ -- Johnson & Johnson (NYSE: JNJ) and Micrus Endovascular Corporation (Nasdaq: MEND), a global developer and manufacturer of minimally invasive devices to address hemorrhagic and ischemic stroke, today announced a definitive agreement whereby Micrus Endovascular will be acquired in a cash for stock exchange.

Under the terms of the agreement, Micrus Endovascular stockholders will receive at closing $23.40 for each outstanding Micrus Endovascular share.  The value of the transaction as of the anticipated closing date is estimated to be approximately $480 million, based upon Micrus Endovascular's 20.5 million fully diluted shares outstanding.

The boards of directors of Johnson & Johnson and Micrus Endovascular have approved the transaction, which is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act, similar regulation in other countries, Micrus Endovascular stockholder approval and other customary closing conditions.

Micrus Endovascular will join Codman & Shurtleff, Inc., the neuro device business of the DePuy Family of Companies within Johnson & Johnson.  Codman and Micrus Endovascular offer innovative and complementary technologies for treating cerebral aneurysms responsible for hemorrhagic stroke.  The Codman neurovascular portfolio includes bare platinum coils, vascular reconstruction devices (VRDs) and access devices.  Micrus Endovascular, solely focuse
'/>"/>

SOURCE Johnson & Johnson
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine technology :

1. Johnson Controls Secures Global Facilities Management Win With GlaxoSmithKline
2. Two Johnson & Johnson Subsidiaries to Pay Over $81 Million to Resolve Allegations of Off-Label Promotion of Topamax
3. Johnson & Johnson to Participate in the 30th Annual Cowen and Company Health Care Conference
4. U.S. Files Suit Against Johnson & Johnson For Paying Kickbacks to Nations Largest Nursing Home Pharmacy
5. Emerging Agents from Theravance/Astellas, Johnson & Johnson/Basilea and Forest/Astrazeneca/Takeda Will Drive Modest Growth in the MRSA Drug Market Through 2018
6. EF Johnson Technologies Announces Third Quarter Results
7. Palomar to Commercialize FDA Cleared Over-The-Counter Home Use Wrinkle Treatment Laser Device Without Johnson & Johnson
8. Boston Scientific and Johnson & Johnson Announce Settlement of Patent Disputes
9. Johnson & Johnson Announces Support for Kohl-Grassley Physician Payments Sunshine Act of 2009
10. Simbionix and Johnson & Johnson LLC Announce Distribution Agreement at Russia and the CIS Countries
11. Johnson & Johnson Pharmaceutical Research & Development, L.L.C. Announces FDA Filings for Paliperidone Palmitate and INVEGA(R)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2015)... Jan. 23, 2015  Pete Rose, baseball,s all-time hits leader, is ... pain reliever Myoflex, Ducere Pharma has announced. "Pete,s ... excited to have him on board with Myoflex," said Ducere ... a legendary player who is known across all generations. The ...
(Date:1/23/2015)... 2015 Cord Blood America, Inc. ( www.cordblood-america.com ) (OTC ...  filed a Preliminary Proxy Statement, Schedule 14A, with the U.S. ... an update for shareholders detailing why a "YES" vote to ... Dear Shareholders, As we reflect upon the 2014 ...
(Date:1/23/2015)... BOSTON , January 23, 2015 ... development company, is delighted to announce that the Malcolm ... Miles Congreve (Vice President of Chemistry), Fiona ... Weir (Chief Executive Officer and co-founder) for the seminal ...
Breaking Medicine Technology:Pete Rose bets on Myoflex to relieve aches and pains 2Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 2Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 3Cord Blood America Announces Preliminary Proxy Filing and Details Why a "YES" Vote to Increase Authorized Shares Is Requested 4Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 2Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 3Heptares Scientists to Receive the Malcolm Campbell Memorial Prize for 2015 in Recognition of Their Outstanding Contribution to GPCR Drug Discovery 4
... BALTIMORE , May 27 Ankota, ... Connect , an innovative software product that enables healthcare ... family members about their loved ones, health and well-being. ... patient, an agency can provide critical information directly to ...
... A new public-private partnership between AstraZeneca and NIH,s National ... on supporting the work of the Drug-Induced Liver Injury Network (DILIN). ... financial resources to better understand drug-induce liver injury as well as ... , , ...
Cached Medicine Technology:Ankota Launches Real-Time Family Communication Tool Tracking Health of Loved One 2Ankota Launches Real-Time Family Communication Tool Tracking Health of Loved One 3AstraZeneca to Support Drug-Induced Liver Injury Network at the National Institutes of Health 2AstraZeneca to Support Drug-Induced Liver Injury Network at the National Institutes of Health 3
(Date:1/22/2015)... (PRWEB) January 23, 2015 AngelWeddingDress, the ... of 2015 maternity wedding dresses. View website ... are looking for maternity wedding dresses online for a ... gowns with high quality for them. Its maternity wedding ...
(Date:1/22/2015)... New York, New York (PRWEB) January 22, 2015 ... filed after Fresenius Medical Care recalled its GranuFlo ... the federal multidistrict litigation underway in U.S. District Court, ... an Order dated January 20th, the Court has remanded ...
(Date:1/22/2015)... Joan Lunden, award-winning American journalist, beloved ... upcoming 32nd Annual Miami Breast Cancer Conference ... LLC (PER®) , shares that “a fast-growing, virulent” cancer ... she had not followed up her clean mammogram with ...
(Date:1/22/2015)... 22, 2015 IsoComforter, Inc. has introduced the ... patented IsoTube design to treat specific body parts and muscle ... progressive and easy to use patented cold therapy machine with ... related orthopedic and muscle injuries. IsoComforter has become the ...
(Date:1/22/2015)... 22, 2015 As interest in the value ... gains momentum worldwide, Rev. Eric J. Hall , president ... (HCCN), will be the keynote speaker on January 27 ... public health system. , The conference, “Hope and Resilience: Innovative ...
Breaking Medicine News(10 mins):Health News:AngelWeddingDress Has Recently Released Its Collection Of 2015 Maternity Wedding Dresses 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 3Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 4Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 2Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 3Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 4Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 5Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 6Health News:IsoComforter Introduces Best of Class Cold Therapy Product to the Worldwide Market 2Health News:HealthCare Chaplaincy CEO to Keynote Spiritual Care Summit in Israel 2Health News:HealthCare Chaplaincy CEO to Keynote Spiritual Care Summit in Israel 3
... 23, 2010 Patients seeking to conserve privacy and ... to wear a traditional hospital gown that often reveal ... garb. Indeed, researchers from the University of Montreal have ... Alumna Nomie Marquis and Denyse Roy, a professor at ...
... children with autism see their careers disproportionally affected as they ... medical costs, according to a new study by researchers at ... a survey of 326 families in Washington and Oregon, found ... to accommodate the needs of their child and three out ...
... This release is available in Spanish . ... day as the brachytherapy implant in prostate cancer treatment manages ... This is the result of research undertaken at the University ... Brachytherapy , journal of the American Society of Brachytherapy. ...
... around, elderly people may want to think twice about taking ... the home, or wearing slippers or socks with no shoes, ... new study from the Institute for Aging Research of Hebrew ... the participants who reported a fall were either barefoot, wearing ...
... ... first time at how migraine sufferers experience the stigmatizing effects of their ... sufferers and more than those with other neurological diseases including stroke, epilepsy ... The research[i], presented at the American Headache ...
... LOS ANGELES (June 23, 2010) Some 19 percent ... is suspected in another 17 percent. While prevalence ... , little is known about sleep quality in soldiers ... A research team from the Madigan Army Medical Center ...
Cached Medicine News:Health News:No more peek-a-boo hospital gowns, no more bottoms up 2Health News:WSU researchers find mothers of children with autism pay price in workplace 2Health News:Optimizing brachytherapy dose on the same day as the implant can control prostate cancer 2Health News:Institute for Aging Research study says going barefoot in home may contribute to elderly falls 2Health News:Institute for Aging Research study says going barefoot in home may contribute to elderly falls 3Health News:Stigma of migraine is significant; worse for those with chronic migraine 2
... delivery and monitoring of inhaled Nitric Oxide., ... fully integrated, innovative instrument used to help ... INOvent delivery system works in combination with ... deliver a constant concentration of nitric oxide, ...
... Optilene Mesh Elastic is a lightweight and ... elasticity the mesh is able to adapt to ... The new honeycomb like structure with the large ... elastic scar. The mesh is ideal for incisional ...
... and user-friendly set-up of the Mega Power Electrosurgical ... ground running. The confusion and frustration associated ... past. Surgical teams have been asking for ... and easy to set-up. The Mega Power ...
... coronary artery surgery is the latest revolution ... being embraced world-wide by increasing numbers of ... but reduced mortality, stroke, and bleeding as ... A cardiac stabilizer is mandatory for this ...
Medicine Products: