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Sinocare in talks to buy Johnson & Johnson's diabetes care unit · Endata

◂ Announcements

Medical Devicesworld trade 2024+5.1% 5Y CAGR

Jan 24, 2018ACQUISITION

Sinocare in talks to buy Johnson & Johnson's diabetes care unit

Sinocare confirmed it is in talks to acquire Johnson & Johnson's diabetes care unit, which includes Lifescan, Animas and Calibra Medical. The deal is not finalized and requires internal review and regulatory approval.

Status

Rumored

Productsdiabetes monitoring devices

CompaniesJohnson & Johnson target Sinocare acquirer

Sectors#Medical Devices

“Sinocare Inc., which makes diabetes monitoring devices, has confirmed plans to acquire a unit under the world's largest healthcare firm Johnson & Johnson.”yicaiglobal.com

1 source
yicaiglobal.comSinocare Confirms It's in Talks to Buy Johnson & Johnson's Diabetes Care UnitTang ShihuaJan 24, 2018

Summarized from public sources; check the original articles before acting on it.

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