Johnson & Johnson Could Level Up With Its $16.8 Billion Purchase of Abiomed

Johnson & Johnson Could Level Up With Its $16.8 Billion Purchase of Abiomed

Source: 
Motley Fool
snippet: 
  • Massachusetts-based Abiomed manufactures heart pumps.
  • Johnson & Johnson can easily afford this acquisition despite the hefty price tag.
  • Abiomed's growth outlook should help J&J, but it could take years.