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The Deal Names Abbott Top Dealmaker for Second Consecutive Year
Date:11/19/2009

n India.
  • Purchased Advanced Medical Optics, gaining immediate leadership in the multi-billion dollar eye care market.
  • Enhanced its leading-edge technology in diagnostic testing and surveillance with the addition of award-winning IBIS Biosciences.
  • Other key acquisitions within the timeframe for award consideration:

    • Purchased Kos Pharmaceuticals, immediately enhancing Abbott's existing franchise and portfolio strength in the $20 billion lipid management market with Niaspan® (niacin extended-release tablets), a best-in-class therapy for raising HDL "good" cholesterol.
    • Acquired Guidant's vascular business, providing Abbott with the current market-leading drug-eluting stent, XIENCE V(TM), and the world's first bioabsorbable drug-eluting stent to enter clinical trials.

    The Deal's readers rated Abbott best on all four of its award criteria: choice of targets and strategy; price paid (or received) compared to value; execution, including integration; and overall quality of the deal team. Companies considered for the survey have a market capitalization of $5 billion or more as of June 30, 2009, and closed the highest number and dollar value of acquisitions and divestitures in the past three and a half years.

    About The Deal LLC

    The Deal LLC, (www.thedeal.com), is a diversified media company that is the authoritative voice of the deal economy. The Deal LLC serves the global deal community - corporate and financial dealmakers, advisers and institutional investors - by providing business and financial news and information that offers fresh insights on the deal economy, a set of interrelated activities, focused on dealmaking of all kinds, whose purpose is to generate corporate growth in a continually changing global market. The Deal LLC offers a comprehensive line of print and electronic products - The De
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