Feb 13, 2019 · Johnson & Johnson (NYSE: JNJ), today announced that Ethicon, Inc., entered into a definitive agreement to acquire Auris Health, Inc. for approximately $3.4 ...
Sep 5, 2024 · J&J's promise to Auris was broken almost immediately after closing and ordered the company to pay more than $1 billion in damages.
Sep 6, 2024 · A Delaware judge ruled in early September that J&J did not provide Auris Health with the resources to achieve milestone payments after its 2019 acquisition.
Sep 5, 2024 · Johnson & Johnson (JNJ.N) owes shareholders of Auris Health $1 billion in damages for breaching a 2019 agreement to acquire the private developer of robotics.
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Apr 1, 2019 · Johnson & Johnson (NYSE: JNJ) announced today that Ethicon, Inc., has completed the acquisition of Auris Health, Inc. for approximately $3.4 billion in cash.
Sep 6, 2024 · Johnson & Johnson owes more than $1 billion in damages to investors of robotic surgery device maker Auris Health for breaching earnout provisions in its ...
Sep 5, 2024 · Johnson & Johnson broke its promises to investors in Auris Health, a surgical robotics startup it bought five years ago for $3.4 billion.
Mar 9, 2023 · J&J made a major push into robotic surgery in 2019, when it paid $3.4 billion upfront for Auris and took full control of the Verb joint venture ...
Sep 4, 2024 · The lawsuit, filed in 2020, said J&J misled Auris before the 2019 transaction about how it would allocate resources between the iPlatform ...
Dec 15, 2021 · The lawsuit alleges that J&J executives misrepresented their intentions for the robotic surgery company when it acquired Auris Health for $3.4 billion in 2019.
