QUOTED. Feb. 15, 2019. Larry Biegelsen.
Executive Summary
Johnson & Johnson announced it will acquire robotic startup Auris Health for $3.4bn in cash, plus up to $2.4bn in milestones. See what Wells Fargo analyst Larry Biegelsen wrote about it here.
“We are encouraged to see J&J moving more aggressively in the robotics field, which has been a gap for its medical business with Verb, Orthotaxy and now Auris." –Larry Biegelsen, senior analyst, Wells Fargo
- Find out more: Johnson & Johnson Diversifies Robotic Efforts with Auris Health Acquisition
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