Pharmamarketeer

J&J acquires lung cancer-focused robotics firm Auris Health in potential $5.75m deal

In a bid to bolster its footing in providing surgical treatments, Johnson & Johnson has announced it will acquire robotics specialist Auris Health via its subsidiary Ethicon in a deal worth potentially $5.75 million in cash.

This total value breaks down into an upfront cash payment of $3.4 billion and $2.35 billion in milestone payments.

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