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(Image from article: "J&J to buy Synthes for $21.5 billion: report")

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J&J to buy Synthes for $21.5 billion: report

Johnson & Johnson is to buy Swiss medical devices maker Synthes Inc in a deal worth $21.3 billion, its largest ever buy, boosting its orthopedics franchise and reshaping the medical technology industry.

Charges Weigh On Medtronic's Net

Medtronic's profit dropped 69% on patent-litigation and acquisition-related charges as the medical-device maker saw sales of its implantable cartioverter defibrillators fall.

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