Bard Completes Acquisition of Venetec

//April 10, 2006//

Bard Completes Acquisition of Venetec

//April 10, 2006//

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Bard’s Medical division will market Venetec’s StatLock line of catheter-securement products.Murray-Hill based C.R. Bard (NYSE: BCR) today announced the completion of the acquisition of Venetec International of San Diego, Calif.

Bard had signed the initial agreement to acquire Venetec for a purchase price of approximately $166 million in cash on March 1.

Bard’s Medical division, located in Covington, Ga., will market Venetec’s StatLock line of catheter securement products.

Bard manufactures and markets medical technologies in the fields of vascular, urology, oncology and surgical specialty products. Bard shares traded down nine cents to $67.96 in the morning session.