It's official. Johnson and Johnson (J&J; New Brunswick, New Jersey) is making a move to acquire Synthes (Solothurn, Switzerland) for $21.3 billion, making it one of the largest med-tech deals in history. After heavy speculation and Synthes coming out last week and releasing a brief statement that J&J had been in talks with the firm regarding a possible merger, the med-tech giant broke its silence today and said it was initiating acquisition plans (Medical Device Daily, April 19, 2011). (Medical Device Daily) Read More
