BRISTOL-MYERS <BMY> REVIEWING SCIMED MERGER
SciMed Life Systems Inc <SMLS> said
Bristol-Myers Co is analyzing the pending lawsuit brought
against SciMed by <Advanced Cardiovascular Systems Inc> to
determine whether to consummate its previously announced plans
to merge with SciMed.
The company said its was served the suit in Minneapolis on
March 31, the day after it announced its definitive merger
agreement with Bristol-Myers.
SciMed said the suit, which alleges that SciMed infringed
on Advanced Cardiovascular patents, is without merit.