SWITZERLAND > US based Johnson & Johnson expands biotech plant in Schaffhausen, Switzerland investing 22 million Swiss Francs ($22.7 million)

johnson and johnson photoshop logo USA based Johnson & Johnson expands biotech plant investing 22 million Swiss Francs ($22.7 million). The subsidiary of Johnson & Johnson Cilag AG will utilize the money to expand the biotech plant for the production of sterile products for clinical studies. Cilag AG will install modern filling machine by 2019 and it also plans to add an additional filing line More …

SWITZERLAND > US based Johnson & Johnson to acquire Actelion for $30 billion

JohnsonandJohnsonLogo.svg USA based Johnson & Johnson to acquire Switzerland based Actelion for $30Bn. The all-cash deal will see Johnson & Johnson pay shareholders $280 per Actelion share along with one share of new R&D company for each Actelion share as stock dividend. The transaction is set to close by the end of second quarter of 2017. For the deal Lazard is More …