J&J eyeing surgical robotics firm Auris Health - Bloomberg

FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo - Copyright Mike Blake(Reuters)

By Reuters

Published on 23/01/2019 - 12:05•Updated 25/04/2024 - 17:21

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(Reuters) - Johnson & Johnson <JNJ.N> is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.

J&J is seeking to purchase Auris at a premium to the valuation from its latest funding round that valued the company at $2 billion, Bloomberg reported https://bloom.bg/2RG9kwA.

The final deal has not been reached and there is no certainty that the deliberations will lead to a sale of Auris, according to Bloomberg.

J&J and Auris could not be immediately reached for comment.

(Reporting by Rishika Chatterjee in Bengaluru; Editing by Anil D'Silva)

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