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Executive Spotlights

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J&J buys Shockwave for $13.1B

Apr 10, 2024
1 min read

New Brunswick, NJ and Santa Clara, CA, April 5, 2024 (JNJ) -- Johnson & Johnson has entered into an agreement to purchase Shockwave Medical Inc. for approximately $13.1 billion, aiming to enhance its presence in cardiovascular and ramp up sales growth and margin. According to a statement released by both companies on Friday, J&J will offer $335 per share in cash for Shockwave, which is headquartered in Santa Clara, California..

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