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Johnson & Johnson (NYSE:JNJ): Closing price $84.61

The Johnson & Johnson subsidiary Cordis Corporation has announced the European CE marking and FDA approval of additional sizes of its SLEEK OTW platform, which is a 0.014-inch ultra-low profile percutaneous transluminal angioplasty dilatation catheter. This catheter is a highly deliverable balloon catheter, created to treat patients undergoing peripheral angioplasty procedures below the knee. The device was first introduced on a global basis in 2011, and Cordis will begin commercializing these new sizes immediately in several countries worldwide.

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