Medical OEM Covidien expands aggressively


DUBLIN (June 189, 1:30 p.m. ET) -- Continuing to remake and expand its medical-device business at breakneck speed, health-care giant Covidien plc has acquired vascular medical-device maker ev3 Inc. and blood-oxygen monitoring-device maker Somanetics Corp. in the past two weeks.

In the last 14 months, Dublin-based Covidien — with $10 billion in sales and a U.S. headquarters in Mansfield, Mass. — has acquired ...
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