Johnson & Johnson Diversifies Robotic Efforts With Auris Health Aquisition

Johnson & Johnson will acquire robotic startup Auris Health for $3.4bn in cash, plus milestones payments of up to $2.4bn. Auris developed the FDA-cleared Monarch platform, which is expected to rival Intuitive Surgical's robotic-assisted bronchoscope device, Ion, awaiting FDA clearance.

3d rendering surgery robotic arm in operating room - Illustration

Johnson & Johnson announced today it will acquire robotic startup Auris Health Inc. for $3.4bn in cash, plus milestones up to $2.4bn.

The companies have an existing partnership dating back to May 2018 to integrate J&J's Neuwave microwave ablation technology into Auris'...

Medtech Insight Podcast

Keep up with the top medtech business and regulatory news.

Medtech Insight brings you interviews and analysis, on the go.

More from Deals

More from Business