Monday, January 23, 2017 7:54:50 PM
Big pharm will be a knocking on the door of Biel with an open checkbook!
Tsunami approaching!
http://www.prnewswire.com/news-releases/abbott-takes-on-pain-relief-with-st-jude-medical-buy-kalorama-300386718.html
"Kalorama estimates a 5.3 billion dollar market in neurostimulation technologies."
"Abbott's acquisition of St. Paul, MN-based device company St. Jude Medical will impact a number of medical device markets, and place the pharmaceutical and testing giant into a leading position in the medical device industry, according to Kalorama Information. The healthcare market research firm finds that the purchase puts Abbott into the electrostimulation market particularly in neurostimulation, a fast-growing market that St. Jude is one of three top companies. These devices offer an alternative to medication therapy."
Never buy/sell a stock on my recommendation alone. Always do your own DD and be aware of the risks!
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