FDAnews
www.fdanews.com/articles/88386-j-j-buys-ensure-medical

J&J BUYS ENSURE MEDICAL

July 14, 2006

Cordis, the heart and vascular device unit of Johnson & Johnson, said Thursday it acquired privately held wound-closure startup Ensure Medical. Although J&J didn't release financial details about the buyout, the company said it expects to take an estimated one-time charge of approximately $52 million, or $0.02 per share, as a result of the acquisition. Red Herring (http://www.redherring.com/Article.aspx?a=17572&hed=J&J%20Buys%20Ensure%20Medical)