The Wall Street Journal Earlier Reported That Abbott Was In Talks To Sell The Business To J&j.

Abbott Medical Optics, which the company acquired for nearly $1.4 billion in 2009, reported sales of $1.1 billion for 2015, J&J said on Friday. The Wall Street Journal earlier reported that Abbott was in talks to sell the business to J&J. “We’ve been actively and strategically shaping our portfolio, which has recently focused on developing leadership positions in cardiovascular devices and expanding diagnostics,” Abbott Chief Executive Miles White said. The Alere deal has run into rough weather with the target company filing a lawsuit in August, accusing Abbott of dragging its feet on key antitrust submissions to sabotage the deal. To make matters worse, St. Jude is facing allegations that its pacemakers and defibrillators have cyber security flaws that hackers could exploit to harm patients. The company has sued short-selling firm Muddy Waters and cyber security firm MedSec Holdings Inc who raised the allegations. Wells Fargo analysts said Abbott was likely selling the eye care business because it was less of a strategic fit once it acquired St Jude and the company would need to reduce debt after the two deals. Abbott had long-term debt of about $6 billion as of June 30.

For the original version including any supplementary images or video, visit

May.005. Medical Editor: Melissa Conrad stippler, MD Melissa Conrad stippler, MD, is a U.S. board-certified Anatomic Pathologist with subspecialty training in the fields of Experimental and Molecular Pathology. It may be true that cataracts are inevitable if you live long enough, but living healthy just might delay them for a good long time. — L.S. Severe trauma to the eye, eye surgery, or intra ocular inflammation can also cause cataracts to develop more rapidly. Sun protection and quitting smoking may help to prevent or delay cataracts. Could eat more greens and less meat help you delay the onset of cataracts? no dataWhen to Contact a Medical Professional Call for an appointment with your eye care professional if you have: The best prevention involves controlling diseases that increase the risk of a cataract. The cut incision can be smaller, because the harder canter section of the lens is liquefied and then vacuum ed out. that affect the canter of the lens nuclear cataracts. This eye chart test measures how well you see at various distances. The choices for treating cataracts in children depend on how likely the cataracts are to interfere with the development of normal vision .

Leave a Reply

Your email address will not be published. Required fields are marked *