Johnson & Johnson Says To Buy Pharma Group Actelion For $30 Bn

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Johnson & Johnson says to buy pharma group Actelion for $30 bn

ZURICH, , (UrduPoint / Pakistan Point News - 26th Jan, 2017 ) - US pharmaceuticals giant Johnson & Johnson on Thursday announced it was buying Swiss medical firm Actelion for $30 billion (27.9 billion Euros).

Johnson & Johnson's CEO and chairman Alex Gorsky said in a statement that the acquisition of Actelion, a leader in medicines treating high blood pressure, offered "compelling value" to shareholders in both companies.

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