J&J acquires surgical robot startup Auris Health for $3.4 billion cash
Redwood City, California-based Auris Health may also receive up to $2.35 billion in additional payments dependent on hitting certain predetermined milestones.
Some stats on medical device and diagnostics investment/M&A patterns from 2015: Ups and downs
Venture capital went up quite a bit in 2015 reaching $59 billion, more than doubling in the last five years - but according to the latest Silicon Valley Bank report, only $2.4 billion went into medical devices.
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Alphabet’s Verily and J&J name medical device joint venture Verb Surgical
We just heard Google Life Sciences was renamed Verily, and now a joint venture between Verily and Johnson & Johnson for robotic surgery and medical devices has officially been named.