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The Independent UK

National

Tom Murphy

J&J buys Intra-Cellular in $14.6 billion deal, delving further into central nervous system disorders

United States JJ.

Johnson & Johnson Intra-Cellular - (Copyright 2024 The Associated Press. All rights reserved.)

Johnson & Johnson will spend more than $14 billion to delve further into the treatment of central nervous system disorders by purchasing Intra-Cellular Therapies.

The health care giant said Monday that it will pay $132 in cash for each share of Intra-Cellular. That represents a 39% premium to Intra-Cellular’s closing price of $94.87 on Friday.

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