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The offer also represents a 17% premium to the stock's closing price in late March, when the Wall Street Journal reported J&J's interest in Shockwave, whose shares were currently trading at $326.82.
When contacted for comment on the WSJ report, J&J and Shockwave Medical said they do not comment on rumors or speculation. ... the company acquired heart pump maker Abiomed for $16.6 billion.
J&J's Shockwave deal still needs approvals from regulators and shareholders. The companies expect to close the acquisition by the middle of this year. Shares of New Brunswick, New Jersey-based J&J ...
In 2016, J&J was ordered to pay $72 million in damages to the family of Jacqueline Fox, a 62-year-old woman who died of ovarian cancer in 2015. The company said it would appeal. [187] A year later, over 1,000 U.S. women had sued J&J for covering up the possible cancer risk from its Baby Powder product.
In 2009, Ethicon acquired breast implant maker Mentor, [8] [9] and in 2010 it acquired ear, nose and throat technology company Acclarent. [10] In 2016, Ethicon acquired NeuWave Medical. [11] In 2013, J&J merged Ethicon Endo-Surgery back into Ethicon. [6] As of September 10, 2024, Ethicon began operating under the name Johnson & Johnson MedTech ...
Technicare, formerly known as Ohio Nuclear, made CT, DR and MRI scanners and other medical imaging equipment. Its headquarters was in Solon, Ohio.Originally an independent company which became publicly traded, it was later purchased by Johnson & Johnson.
In 1961, Janssen Pharmaceuticals was purchased by New Jersey–based American corporation Johnson & Johnson, and became part of Johnson & Johnson Pharmaceutical Research and Development (J&J PRD), now renamed to Janssen Research and Development (JRD), which conducts research and development activities related to a wide range of human medical ...
J&J's acquisition is the latest deal announced in the space. J&J will pay $28 per share of Ambrx, which represents a premium of about 105% to the stock's last close. Ambrx is developing therapies ...
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