Seeking Alpha

New J&J (JNJ) CEO Alex Gorsky is looking to strengthen the company's medical-device unit via...

New J&J (JNJ) CEO Alex Gorsky is looking to strengthen the company's medical-device unit via takeovers, he tells Bloomberg in an interview. "We remain committed to cardiovascular," Gorsky says, despite sales shrinking 44% since 2006. On the analyst wish list are Edwards Lifesciences (EW) and St. Jude Medical (STJ).
Comments (2)
  • Maybe Alex Gorsky and JNJ should look at tightening up quality control companywide first before getting distracted with more acquisitions.
    1 May 2012, 12:09 PM Reply Like
  • I agree quality control has been a big problem for JNJ.
    1 May 2012, 03:01 PM Reply Like
DJIA (DIA) S&P 500 (SPY)