J&J to buy cardiovascular technology Abiomed in $16.6B deal

J&J to buy cardiovascular technology Abiomed in $16.6B deal

3 years ago
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https://apnews.com/0858081d5f71c85b8e5fa078173abddd

Johnson & Johnson will spend $16.6 billion to buy cardiovascular technology company Abiomed to strengthen its medical device division.

The health care giant said Tuesday that it will pay $380 for each Abiomed share and also provide another $35 per share in cash if some commercial and clinical milestones are met.

J&J to buy cardiovascular technology Abiomed in $16.6B deal

Nov 1, 2022, 11:16am UTC
https://apnews.com/0858081d5f71c85b8e5fa078173abddd > Johnson & Johnson will spend $16.6 billion to buy cardiovascular technology company Abiomed to strengthen its medical device division. > The health care giant said Tuesday that it will pay $380 for each Abiomed share and also provide another $35 per share in cash if some commercial and clinical milestones are met.