One of Johnson & Johnson’s subsidiaries has snapped up Irish medtech company Neuravi in a deal that could be worth hundreds of millions of dollars. The consumer health care products and pharmaceutical giant’s DePuy Ireland subsidiary, an affiliate of Johnson & Johnson’s neurosurgery firm, Codman Neuro, purchased the company for an undisclosed sum. Neuravi manufactures a medical device called the EmboTrap that is used to retrieve blood clots in the brain following a stroke in order to restore blood flow to the vein. The device is used in the treatment of acute ischemic strokes, or blockages in the vessels supplying blood ... Read More
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