Current location:sport >>
J&J to pump another $13B into its MedTech business with Shockwave deal
sport13522People have gathered around
IntroductionJohnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shoc ...
Johnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries.
The health care giant said Friday that it will spend $335 in cash for each share of Shockwave. The total deal value includes cash acquired.
The deal has already been approved by the boards of directors from both companies.
Founded in 2009, Shockwave focuses on intravascular lithotripsy technology that uses sonic pressure waves to crack calcium lesions in arteries and restore blood flow. It’s similar to a technique used to break up kidney stones. The soundwave emitters are placed inside angioplasty catheters to reach the calcified areas of the artery.
Shockwave’s technology is used to treat coronary artery and peripheral artery disease.
The company’s revenue jumped 49% last year to $730 million.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Earthly Insights news portal”。http://aruba.brianlynch.org/article-04b899962.html
Related articles
Company wins court ruling to continue development of Michigan factory serving EV industry
sportGREEN TOWNSHIP, Mich. (AP) — A judge has ordered a Michigan community to stop blocking efforts to br ...
【sport】
Read moreAngels score two on wild pitch and throwing error, beat Phillies 6
sportANAHEIM, Calif. (AP) — Ehire Adrianza and Mike Trout scored on a wild pitch and throwing error in th ...
【sport】
Read moreHow major US stock indexes fared Monday, 4/29/2024
sportStocks edged higher as Wall Street readies for a week packed with potentially market-moving news.The ...
【sport】
Read more
Popular articles
- NBA playoffs: Edwards leads Wolves to 98
- Ashley Judd speaks out on the right of women to control their bodies and be free from male violence
- Billie Eilish announces return to Australia in 2025 for upcoming world tour
- Death of Suzanne Morphew, reported missing on Mother's Day 2020, ruled a homicide
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Jofra Archer picked by England for T20 World Cup after cruel run of injuries
Latest articles
Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
Jeff Bridges, 73, returning for Tron: Ares nearly 42 YEARS after original Disney sci
I was single for six years because I'm too hot to date and men are 'scared off' by my good looks
Made In Chelsea star Victoria Baker
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
Japan's yen falls to its weakest since 1990 against the dollar
LINKS
- Intuitive Machines: Odysseus Moon lander 'tipped over on touchdown'
- A new Washington state law does not offer cash for reporting hate speech
- Maple syrup from New Jersey: You got a problem with that?
- Children race to collect marshmallows dropped from a helicopter at a Detroit
- In many African countries, abortions are legal. But information and access can be hard to come by
- New WIC rules include more money for fruits and veggies. They also expand food choices
- Astronomers find vast underground ocean under Saturn's Death Star
- Search for crew member overboard from fishing vessel in Hawke's Bay
- Lego head mugshots add to California's debate on policing and privacy
- US officials warn of increase in bacterial illnesses that can lead to meningitis and possibly death