¥5890 0.0 0.0%
Last Trade - 19/04/19
Market Cap | £n/a |
Enterprise Value | £n/a |
Revenue | £328.7m |
Position in Universe | th / 3901 |
** Leerink analyst Danielle Antalffy says Johnson & Johnson JNJ.N seems more open to a larger-scale Medtech deal, in context to JNJ's deal to buy Japanese skincare firm Ci:z Holdings 4924.T ** JNJ to buy all outstanding shares of Ci:z that it does not already own, for $2.05 bln in cash urn:newsml:reuters.com:*:nL3N1X34S2 ** JNJ shares down 0.64 pct at $137.79 ** Main question to Medtech investors is going to be how a small-to-mid size deal like this will impact JNJ's appetite for further acquisitions, particularly potential large-scale acquisitions - Antalffy ** Antalffy believes JNJ could scale up, specifically in cardiology, within the next 12-18 months ** Antalffy also highlights that JNJ will strengthen its overall presence in Japan, a market estimated at more than $20 bln, through the deal (Reporting by Shreyashi Sanyal in Bengaluru) ((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))