J&J eying surgical robotics firm Auris Health

Published: January 23, 2019
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A Johnson & Johnson building is shown in Irvine, California, US, January 24, 2017.
PHOTO: REUTERS

A Johnson & Johnson building is shown in Irvine, California, US, January 24, 2017. PHOTO: REUTERS

Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health, Bloomberg reported on Wednesday, citing people with knowledge of the matter.

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J&J is seeking to purchase Auris at a premium to the valuation from its latest funding round that valued the company at $2 billion, Bloomberg reported.

The final deal has not been reached and there is no certainty that the deliberations will lead to a sale of Auris, according to Bloomberg.

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J&J and Auris could not be immediately reached for comment.

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