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Johnson & Johnson's $7.2 billion claim against Boston Scientific now with U.S. judge
2015-01-22 03:39:30| Biotech - Topix.net
Now the dispute lies in the hands of a federal judge after lawyers for both companies made final presentations on Wednesday at the close of a non-jury trial in New York federal court. J&J is seeking more than $7.2 billion in damages and interest from Boston Scientific as Guidant's successor, an amount that one analyst has characterized as a "major near-term risk" for a company with a market capitalization of about $19 billion as of Wednesday.
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Category:Biotechnology and Pharmaceuticals
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