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Merck Invests in FoxHollow Technologies

Merck will pay $195 million for an 11 percent stake in FoxHollow Technologies, Inc.

FoxHollow, which makes a device for removing the fatty substance that builds up in arteries and leads to heart attacks, will provide services such as plaque removal to help develop medicines for heart disease, the leading cause of death in the U.S.

Merck invests $195M in artery-cleaning company

Filed under Merck

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