J&J doubles down on neurological drugs with $14.6 billion Intra-Cellular deal
By Bhanvi Satija and Puyaan Singh (Reuters) -Johnson & Johnson said on Monday it would buy neurological drugmaker Intra-Cellular Therapies for $14.6 billion, its biggest deal in more than two years, boosting its presence in the market for brain disease treatments.
Johnson & Johnson to Acquire Intra-Cellular in $14.6 Billion Deal
Johnson & Johnson agreed to acquire Intra-Cellular Therapies for $132 a share in cash for a total equity value of about $14.6 billion.
J&J to Acquire Intra-Cellular for About $14.6 Billion
Johnson & Johnson agreed to acquire Intra-Cellular Therapies Inc., a biopharmaceutical company focused on treatments for central nervous system disorders, for about $14.6 billion, the company said.
J&J to buy neurological drugmaker Intra-Cellular for $14.6 billion
Johnson & Johnson said on Monday it would buy drugmaker Intra-Cellular Therapies for about $14.6 billion, boosting its presence in the market for neurological disorder treatments. J&J will buy all of Intra-Cellular's shares for $132 apiece,
J&J strikes $14.6 billion deal for Intra-Cellular Therapies
Johnson & Johnson on Monday said that it's agreed to acquire CNS biotech Intra-Cellular Therapies for $14.6 billion in cash, or $132 per share. Why it matters: This would be the largest biotech merger since 2023,
J&J buys Intra-Cellular in $14.6 billion deal, delving further into central nervous system disorders
Johnson & Johnson will spend more than $14 billion to move deeper into treating central nervous system disorders by purchasing Intra-Cellular Therapies.
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