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Johnson & Johnson Drops 2.91% Amid Acquisition, Tech Advancements
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 7:15 am ET1min read
On April 9, 2025, Johnson & Johnson's stock experienced a 2.91% drop in pre-market trading.
Johnson & Johnson recently completed the acquisition of Intra-Cellular Therapies, adding CAPLYTA® (lumateperone) to its portfolio. CAPLYTA is a once-daily oral treatment approved by the FDA for treating depressive episodes associated with bipolar I or II disorder, either as a monotherapy or in combination with lithium or valproate. This acquisition is expected to boost Johnson & Johnson's sales by approximately 0.8% in 2025, contributing around $700 million in additional revenue.
The company's latest technological advancement, the Catalys 7.0 navigation-guided laser system, was successfully used in a white internal surgery at the Xiamen Eye Center. This system offers higher precision, enhanced safety, and shorter surgery times, making it a significant upgrade in the field of ophthalmology. The system's capabilities, including high-resolution scanning and AI-driven customization, are expected to improve patient outcomes and solidify Johnson & Johnson's leadership in the medical technology sector.
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