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  • dontdropyourlunch dontdropyourlunch Nov 13, 2007 2:59 PM Flag

    good or bad news

    I remember a small company called Closure Medical years ago that had an exclusive deal with JNJ, and it hurt the growth of Closure Medical a lot. Closure Medical could not grow unless JNJ sales guys pushed it. Closure Medical was eventually bought for small money. I imagine JNJ wanted some kind of exclusive deal with GIVN for the Pillcam, and GIVN refused such a bad deal. That is my take on what probably happened. If it was an exclusive, GIVN was smart to get away from JNJ.

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