Johnson & Johnson Acquires Auris Health For $3.4 Billion

Johnson & Johnson acquires Auris Health for $3.4 billion. The surgical-robotics company, valued at $2.1 billion, makes FDA approved controller-operated robotic cameras, Monarch, allowing doctors to get clearer internal visuals within the lungs. The acquisition is one of the 10 largest venture-backed private deals.

This isn’t the first investment J&J put in surgical robotics.

  • In 2015, J&J’s Ethicon and Alphabet’s life sciences arm, Verily, partner to form health robotics startup, Verb Surgical.
  • In 2018, J&J acquired Orthotaxy, a company developing surgical robotic tools to assist in total and partial knee replacements.

Ashley McEvoy, J&J’s executive vice president of medical devices, says, “In this new era of health care, we’re aiming to simplify surgery, drive efficiency, reduce complications, and improve outcomes for patients, ultimately making surgery safer.

Image Source: TechCrunch

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Johnson & Johnson Acquires Auris Health For $3.4 Billion

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