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J&J is acquiring Centocor

22 Nov 1999

Executive Summary

Johnson & Johnson will acquire Centocor Inc. (monoclonal antibodies) for $4.9bn in stock (0.639 share of J&J for each Centocor share). Centocor's ReoPro, a platelet-inhibiting MAb, will complement the Palmaz-Schatz coronary stents sold by J&J's Cordis unit.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Stock

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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