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National Post
National Post
5 Apr 2024


NextImg:J&J to pump another $13B into its MedTech business with Shockwave deal

Johnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries.

The health care giant said Friday that it will spend $335 in cash for each share of Shockwave. The total deal value includes cash acquired.