Thursday 28 March 2024
 
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Johnson & Johnson

J&J in takeover talks with $20bn biotech firm

US-based Johnson & Johnson (J&J), a global healthcare company said it was in preliminary talks with Actelion Pharmaceuticals about a potential takeover of Europe's largest biotech firm, currently valued at about $20 billion, a report

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Johnson & Johnson forms JV with Al Naghi

Johnson & Johnson Middle East has announced the establishment of Johnson & Johnson Consumer Saudi Arabia Limited, a locally registered legal entity, resulting from a joint venture between the company and Ahmed Mohammed Abdel Wahab Naghi

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Carlyle to buy Johnson & Johnson unit for $4bn

Private equity firm Carlyle Group is nearing an agreement to acquire Johnson & Johnson's ortho clinical diagnostics unit, four people familiar with the matter said, in a deal expected to be worth around $4 billion. Carlyle

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J&J to pay $2.2bn to end US drug probes

In one of the largest health care fraud settlements in US history, Johnson & Johnson will pay $2.2 billion to end civil and criminal investigations into kickbacks to pharmacists and the marketing of pharmaceuticals for off-label uses, US Att

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Johnson & Johnson recalls Cilest birth control pills

Johnson & Johnson is voluntarily recalling about 32 million packages of its birth control pill Cilest in Europe, Asia and Latin America, a spokeswoman said late on Tuesday, the latest in a string of recalls over the past two years.

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J&J to buy Swiss medical firm for $20bn

Johnson & Johnson is in preliminary talks to acquire Swiss medical device maker Synthes for a price which could be about $20 billion, a source familiar with the situation said on Saturday. A deal at that price would mark an 11 per cent

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J&J to cut 6-7pc of workforce

Johnson & Johnson will eliminate about 6 percent to 7 percent of its global workforce, or some 7,000 to 8,000 positions, as the diversified healthcare company restructures and seeks cost savings, the company said on Tuesday. The compan

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J&J, nonprofit in TB drug tie-up

Healthcare company Johnson & Johnson said on Wednesday it has joined with the nonprofit Global Alliance for TB Drug Development to speed commercialisation of its experimental tuberculosis drug, known as TMC207. The drug, designed to in

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China clears Johnson & Johnson products

Chinese health authorities said on Saturday that they had found no evidence of cancer-causing chemicals in baby products made by US company Johnson & Johnson. The State Food and Drug Administration had investigated 33 products, includi

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Johnson & Johnson products safe says China

Chinese health authorities said on Saturday that they had found no evidence of cancer-causing chemicals in baby products made by US company Johnson & Johnson. The State Food and Drug Administration had investigated 33 products, includi

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