BRIEF-J&J Says To Acquire V-Wave For $600 Million Upfront-February 2024-www.financetom.com

BRIEF-J&J Says To Acquire V-Wave For $600 Million Upfront

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BRIEF-J&J Says To Acquire V-Wave For $600 Million Upfront

Aug 20, 2024 5:27 AM

Aug 20 (Reuters) - Johnson & Johnson:

* JOHNSON & JOHNSON TO ACQUIRE V-WAVE

* TO ACQUIRE V-WAVE FOR $600 MILLION

* UNDER DEAL, POTENTIAL FOR ADDITIONAL REGULATORY AND

COMMERCIAL

MILESTONE PAYMENTS UP TO ABOUT $1.1 BILLION

* V-WAVE TO JOIN JOHNSON & JOHNSON MEDTECH

* EXPECTS TRANSACTION TO DILUTE ADJUSTED EARNINGS PER SHARE

APPROXIMATELY $0.24 IN 2024 AND APPROXIMATELY $0.06 IN 2025

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