Johnson & Johnson to acquire Auris Health for $3.4B

Johnson & Johnson announced that its subsidiary Ethicon has agreed to acquire Auris Health for approximately $3.4 billion in cash, with additional contingent payments up to $2.35 billion. Auris Health develops robotic technologies for bronchoscopic procedures.

“We believe the combination of best-in-class robotics, advanced instrumentation and unparalleled end-to-end connectivity will make a meaningful difference in patient outcomes.”jnj.com

• 3 sources
• jnj.comJohnson & Johnson Announces Agreement to Acquire Auris Health, Inc.Feb 13, 2019
• news.bloomberglaw.comJ&J to Acquire Robotic-Surgery Firm Auris for $3.4 Billion (1)Cynthia KoonsFeb 13, 2019
• themanufacturer.comJohnson & Johnson buys Auris health for £2.65bn, boosting surgical roboticsMaddy WhiteFeb 14, 2019

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