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A Healing Look at Bard
By Stephen D. Simpson, CFA
April 20, 2005

Medical technology certainly has its "gee whiz" elements. Drug-eluting stents, neurostimulators, surgical robots, lasers -- all of these products are lucrative, medically invaluable, and undeniably cool.

Well, C.R. Bard (NYSE: BCR) doesn't sell any of those things.

In fact, when you look at products like vena cava filters, urological drainage catheters, and hernia repair tools, it's pretty easy to say that Bard's products are by and large boring, if not somewhat icky as well. And that's perfectly fine, because Bard has made an attractive and lucrative business out of boring, but necessary, medical devices...
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