# EU opens in-depth probe into J&J's $400M purchase of Takeda's surgical patch

The European Commission opened an in-depth investigation into Johnson & Johnson's planned $400 million acquisition of a surgical patch from Takeda Pharmaceuticals, citing competition concerns.

- Type: Acquisition
- Announced: 2020-03-25
- Value: $400.0M
- Status: announced
- Products: surgical patch
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Johnson & Johnson](https://endata.com/companies/9845.md) (acquirer)
- [Takeda Pharmaceuticals Company Limited](https://endata.com/companies/20274.md) (target)

## Sources

- [law360.com](https://www.law360.com/articles/1256939/eu-probing-j-j-s-400m-deal-for-takeda-s-surgical-patch), 2020-03-25: "Europe's competition enforcer opened an in-depth investigation on Wednesday into Johnson & Johnson's planned $400 million purchase of a surgical patch from Takeda Pharmaceuticals"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.