February 13, 2019 / 2:10 PM / 5 days ago

Johnson & Johnson to buy surgical robotics firm Auris in $3.4 bln deal

Feb 13 (Reuters) - Healthcare conglomerate Johnson & Johnson said on Wednesday it would buy privately held surgical robotics company Auris Health Inc for about $3.4 billion in cash.

The agreement also includes contingent payments of $2.35 billion to Auris, J&J said.

Auris Health is a developer of robotic technologies focused on lung cancer. (Reporting by Manas Mishra in Bengaluru; Editing by Sai Sachin Ravikumar)

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