Bard completes acquisition of St. Jude Medical's Cardiac Assist Division.

MURRAY HILL, N.J.--(BUSINESS WIRE)--Jan. 22, 1996--C. R. Bard, Inc. (NYSE NYSE

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BCR Bay City Rollers ) announced today that it has completed the acquisition of St. Jude Medical's Cardiac Assist division which it previously announced on December 12, 1995. Terms of the acquisition were not disclosed.

The Cardiac Assist division's products, which are manufactured in Chelmsford, MA, will be sold through Bard's Vascular Systems division headquartered in Haverhill, MA.

"The combination of Bard's TransAct(R) intra-aortic balloon pump intra-aortic balloon pump
n.
A pump connected to a balloon device that is inserted into the descending aorta to provide temporary assistance to the heart in the management of left ventricular failure. and the Cardiac Assist intra-aortic balloon catheter will present us with a very formidable product offering in this $120 million market," commented William H. Longfield, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "In addition, this acquisition continues to rebuild Bard's previously strong position in the cardiovascular segment. These devices are used to assist the heart before and after open heart surgery and complex balloon angioplasty procedures. Cardiac assist products provide a continuing vital role in the treatment of heart disease."

C. R. Bard C. R. Bard, Inc. (NYSE: BCR) is one of the large S&P 500 companies of the United States, a surgical specialties and hospital medical device manufacturer in Murray Hill, New Jersey. It is named after its founder, who sold the company within only a few years of its founding. , Inc., headquartered in Murray Hill, NJ, is a leading multinational developer, manufacturer and marketer of health care products.

CONTACT: C. R. Bard, Inc., Murray Hill

William C. Bopp, (908) 277-8221

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Publication:	Business Wire
Date:	Jan 22, 1996
Words:	185
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