Johnson & Johnson is an American multinational health company founded in 1886 and headquartered in New Brunswick, New Jersey. It develops a range of medical devices, surgical instruments, orthopedic implants, and diagnostic equipment.
According to reports, Johnson & Johnson has announced plans to acquire V-Wave for approximately $1.7 billion USD to expand its portfolio in the heart disease devices market. J&J will pay $600 million USD upfront and a potential milestone payment of $1.1 billion USD.
V-Wave is a medical device company founded in 2008. It develops innovative solutions for heart failure treatment and other cardiovascular events.
