Guidant Multi-Link Vision Stent News

Abbott Acquires Guidant Vascular Device Unit

At a glance:

As part of the terms of Boston Scientific's acquisition of Guidant, Abbott has acquired Guidant's vascular device business unit. 
 
One of the devices that both Abbott and Guidant have developed is the stent, a piece of wire mesh that is inserted into an artery in order to keep it open and filter out blood clots. 
 
Newer stent versions contain slow-releasing drugs which can be aimed at a variety of conditions including prevention of artery re-narrowing.  
 
One such stent is the Guidant Multi-Link Vision Stent, recently approved for use in Europe.


Abbott Completes Acquisition of Guidant Vascular Business

Yahoo! News (press release) - 4/21/2006 8:20 AM

Abbott today announced it has completed the acquisition of Guidant's vascular business, which, combined with Abbott's current vascular business, creates one of the leading global vascular devices companies. This acquisition was made in connection with Boston Scientific's acquisition of Guidant Corporation.
 
"The acquisition of Guidant's vascular business builds on our broad-based business strategy to develop leading positions in attractive health care markets - shaping Abbott for greater balance and strengthening our business mix and breadth of pipeline opportunities," said Miles D. White, chairman and chief executive officer, Abbott

 
· Read The Full Guidant Multi-Link Vision Stent Article From Yahoo! News (press release) -->

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