Johnson & Johnson to Buy Medical Device Company Synthes

Synthes has polymeric medical products that are used for facial reconstruction.

The rumors began over the weekend and are growing stronger. Johnson & Johnson (J&J) is in discussion to acquire Synthes, a Swiss medical device manufacturer. If the deal crystallizes, J&J could boost its revenue and profit in the short term and gain a strong foothold in the growing market for orthopedic surgery products. It will also [...]