Johnson and Johnson are working very hard to capture a good segment of the market in China. As the sole strip provider for the Lifescan product the future seems very bright.
http://globenewswire.com/news-relea...e-Growth-of-Diabetic-Care-Devices-Market.html
http://www.counterpunch.org/2015/07/24/the-increasing-burden-of-diabetes-in-china/
Forget BAL with 114 million diabetics (and growing) UBI is in the box seat to fly next year.
Even if the Lifescan final payment comes in (most likely in 2017), a reasonable assumption (based on very moderate quarter on quarter growth) will be that it will be at least $50Million USD which is not too far off the current market cap of the company.
Johnson and Johnson are working very hard to capture a good...
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