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Article: Johnson & Johnson Completes Acquisition of Mentor Corporation.
- Article from:
- Biotech Week
- Article date:
- February 11, 2009
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Johnson & Johnson (NYSE:JNJ) announced the completion of its previously announced acquisition of Mentor Corporation (NYSE:MNT), a leading supplier of medical products for the global aesthetic market. Mentor is expected to operate as a stand-alone business unit reporting through ETHICON, Inc., a Johnson & Johnson company and a leading provider of suture, mesh and other products for a wide range of surgical procedures (see also Johnson & Johnson).
According to Gary Pruden, Company Group Chairman, Johnson & Johnson, with responsibility for the ETHICON Franchise, "Mentor will become the cornerstone of a broader Johnson & Johnson strategy for aesthetic medicine -- ...