The Biggest Medtech M&As So Far This Year
Johnson & Johnson is entertaining a $2.7 billion offer for its sterilization unit. The New Brunswick, NJ-based company said Fortive wants to buy the business, which is currently part of J&J's Ethicon division. The sterilization business earned about $775 million in sales last year. J&J has 120 days to accept the offer.For more on this deal, check out this story: Is There an End in Sight for J&J Divestitures?
The medical device and diagnostics industry has already seen some fairly large deals in 2018.
Amanda Pedersen | Jun 11, 2018