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Biotech / Medical : ABT - Abbott Labs
ABT 123.62-0.8%Oct 31 9:30 AM EST

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To: Suma who wrote (249)11/24/1999 11:45:00 AM
From: Charles Broderick  Read Replies (1) of 328
 
OT: With the Saloman Barney UK BUY reccommendation
this morning for BCTBF-Biocompatibles...BII.L
are we going to see a reopened contest between
Abbott, JNJ, and Boston for the stents, since the
fasttrack FDA is due Friday???
Source:UK-Invest
Biocompatibles is a buy
Biocompatibles has announced
a link-up with Abbott
Labs to distribute its
BiodivYsio PC coated coronary
stent into the US. As part of
the link-up, Abbott has
invested œ9.5m in a
convertible bond into
Biocompatibles shares.
Merrill believes Abbott to be
an excellent partner for
Biocompatibles; Abbott has
established a leading
position in the arterial device
market.
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