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J&J Buys Actelion for $30B

Actelion to spin out R&D ops and assets

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By: Kristin Brooks

Managing Editor, Contract Pharma

Johnson & Johnson has entered into a definitive agreement to acquire Actelion Ltd. for approximately $30 billion in cash. The transaction was unanimously approved by the boards of both companies. Johnson & Johnson will fund the transaction with cash held outside the U.S.   Actelion, based in Allschwil, Switzerland, has a franchise of differentiated, innovative products for pulmonary arterial hypertension (PAH), as well as specialty in-market medicines and late-stage products. J&J e...

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