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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.
The Dow Jones Industrial Average, of which J&J is a component, also rose slightly. Shockwave Medical Inc., which is based in Santa Clara, California, climbed more than $5 to $325.50. Show comments
When contacted for comment on the WSJ report, J&J and Shockwave Medical said they do not comment on rumors or speculation. News of the talks lifted shares of Shockwave Medical up 11.5% in ...
J&J spokesman Ernie Knewitz said that the subcommittee had rejected the company's offers to send a talc testing expert or a J&J executive in charge of consumer products. [197] In response to declining demand, J&J announced it would discontinue the sale of talc-based baby powder in the United States and Canada in 2020, but would continue to sell ...
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 ...
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 ...
One of the J&J executives on the account crowed in a memo about “Omnicare’s ability to persuade physicians to write Risperdal in the areas of Behavioral Disturbances associated with Dementia.” He continued: “Omnicare, Inc. has demonstrated its ability to partner in a true sense of the word and has generated well over 100 million dollars ...
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.
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