The REAL Story

The REAL Story

Not sure how many remember the days when BGM ruled the world while LifeScan and Roche ruled the BGM world. CGM certainly contributed to the demise of BGM yet it was not the primary reason. Nor was it the advent of competitive bidding. BGM was headed down the toilet before competitive bidding as BGM became a commodity and in a commodity market price is the only thing that matters.

JNJ the then owners of LifeScan saw the handwriting on the wall and sold it to Platinum Equities for a little over two billion dollars. Back then the unit was still . . .

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