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J&J to buy medical device maker V-Wave in up to $1.1 bln deal
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J&J to buy medical device maker V-Wave in up to $1.1 bln deal
Aug 20, 2024 5:11 AM

Aug 20 (Reuters) - Johnson & Johnson ( JNJ ) said on

Tuesday it would buy medical device maker V-Wave in a deal

potentially worth up to $1.1 billion, marking the latest

acquisition to bolster its devices unit.

J&J said it will pay $600 million upfront, with the rest of

the payments contingent on regulatory and commercial milestones.

(Reporting by Manas Mishra in Bengaluru; Editing by Devika

Syamnath)

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