Johnson & Johnson Exits Biotech Partnerships, Retains Stakes in Acquisition Targets
ByAinvest
Friday, Mar 27, 2026 12:49 am ET1min read
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Johnson & Johnson has exited three biotechs, including Arrowhead Pharmaceuticals and BiomX, while retaining stakes in several rumored acquisition targets. The company sold 247,598 shares in Arrowhead and 96,866 shares in BiomX. Johnson & Johnson's Innovative Medicine division, formerly Janssen unit, had previously collaborated with both companies.
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