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J&J will acquire Tibotec-Virco NV
22 Apr 2002
Executive Summary
Johnson & Johnson has agreed to acquire all the assets of Tibotec-Virco NV, a closely held biotech with diagnostics and clinical-phase drugs in HIV and other viral diseases. J&J will pay about $320mm in cash and assumed debt.
Deal Industry
- Pharmaceuticals
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In Vitro Diagnostics
- Molecular Diagnostics & Genetic Testing
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Biotechnology
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Drug Discovery Tools
- Molecular Diversity
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Drug Discovery Tools
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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