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Johnson & Johnson Buys Shockwave For $13.1 Billion In Latest Cardio Deal
JNJJ&J(JNJ) Forbes·2024-04-05 14:01

ToplineJohnson & Johnson will acquire Shockwave Medical in a deal valued at $13.1 billion, according to a joint statement Friday, the latest acquisition by the pharmaceutical firm over the last two years as it expands on cardiovascular intervention.The pharmaceutical firm said the acquisition will boost its portfolio for treating two common forms ... [+] of heart disease.Getty Images Key FactsJohnson & Johnson will pay $335 per share in cash for Shockwave, the manufacturer of a catheter-based treatment for ...