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Johnson and Johnson Completes Acquisition of Shockwave Medical

DAIC

This transaction further extends Johnson & Johnson MedTech’s leadership in cardiovascular intervention. Johnson & Johnson expects the transaction to be accretive to operating margin, but considering the impact of financing costs, is expected to dilute adjusted earnings per share by approximately $0.10 in 2024 and approximately $0.17

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Johnson and Johnson to Acquire Shockwave Medical

DAIC

With the addition of Shockwave, Johnson & Johnson will expand its MedTech cardiovascular portfolio into two of the highest-growth, innovation-oriented segments of cardiovascular intervention – coronary artery disease (CAD) and peripheral artery disease (PAD). in 2024 and approximately $0.17