Johnson & Johnson to acquire Proteologix for $850 million-March 2024-www.financetom.com

Johnson & Johnson to acquire Proteologix for $850 million

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Johnson & Johnson to acquire Proteologix for $850 million

May 16, 2024 5:25 AM

May 16 (Reuters) - Johnson & Johnson ( JNJ ) on Thursday

said it would acquire privately held Proteologix for $850

million in cash, with potential for an additional milestone

payment.

(Reporting by Sriparna Roy in Bengaluru; Editing by Anil

D'Silva)

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