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November 16, 2006 -- 10:06pm ET

Called It! J&J to Acquire Conor
On October 4, Angioplasty.Org ran a news feature about Conor Medsystems and its innovative CoStar stent, called "Conor CoStar: New Stents May Be Solution to New Stent Problems". We ended the article by noting that in May of this year Cordis / J&J had announced the establishment of a new "Innovative Research Center" in Silicon Valley. We also noted that Conor Medsystems is located in Menlo Park, the epicenter of Silicon Valley.

Today J&J announced it is going to acquire Conor.

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