Ann: J&J/Ethicon Mesh Class Actions Update, page-41

  1. 69 Posts.
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    The only material asset on the books is their WIP, which historically has been unreliable.
    All that matters is its conversion to cash. They are struggling to do that. And worse, they now have an unexpected $32m debt, and no easy way to pay it.
    The core business was good. It could be good again with some serious changes.
 
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