Thursday, November 03, 2005

J & J - seeking guidance?

Poor J & J. Firstly, they are embroiled in a nasty law suit with Amgen:

http://pharmagossip.blogspot.com/2005/10/bundle-up-its-getting-chilly.html

Now they seem unsure about the purchace of Guidant (for a coolUS$25.4 billion) although Guidant officials say J&J are legally bound to go through with the deal.

Perhaps they are looking at another possible suitor?

But it doesn't sound like they have a clear plan, does it?

http://news.enquirer.com/apps/pbcs.dll/article?AID=/20051103/BIZ/511030375/1001

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