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See today's BioWorld MedTech
Home » Delaware court hands J&J a $1B hit over Auris buy
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Delaware court hands J&J a $1B hit over Auris buy

Sep. 9, 2024
By Mark McCarty
A Delaware chancery court decreed that Johnson & Johnson Inc. owes investors in Auris Health Inc. more than $1 billion over allegations that J&J had undercut Auris products after the 2019 acquisition of Auris. The outcome highlights the hazards of acquisitions of companies that are competitive in a particular product space, but a shift in FDA policy regarding robotic surgical systems may have also played a role in this outcome.
BioWorld MedTech Deals and M&A Robotic surgery U.S.

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