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J&J to Acquire Shockwave Medical for $13.1B

Extends J&J MedTech’s position in cardiovascular intervention and supports shift into higher-growth markets.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Johnson & Johnson has entered into a definitive agreement to acquire all outstanding shares of Shockwave Medical, Inc. for approximately $13.1 billion.    The acquisition extends J&J MedTech’s position in cardiovascular intervention and supports its shift into higher-growth markets. With the addition of Shockwave, J&J expand its MedTech cardiovascular portfolio into two high-growth segments of cardiovascular intervention, coronary artery disease (CAD) and peripheral artery disease ...

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