M&A

On Sept. 14, 2023, Johnson & Johnson unveiled a new brand and visual identity.
Jul 11, 2024

Johnson & Johnson closes $1.25B Yellow Jersey acquisition

The move allowed the New Brunswick-based pharma giant to secure the global rights to a treatment for atopic dermatitis. Its recent $850 million acquisition of Proteologix Inc. focused on the same area of study.

Ambien CR is a prescription medicine for the treatment of adults with trouble falling asleep and/or waking up often during the night, according to the drug's website.
Jul 10, 2024

Cosette acquires Ambien meds from fellow NJ company

U.S. annual sales for the Sanofi-produced prescription sleep aids for the 12 months ended April 2024 were $39 million, according to the Bridgewater-based buyer.

Jul 9, 2024

Merck Animal Health closes $1.3B Elanco deal

The Rahway-headquartered buyer will also bring on approximately 280 commercial and manufacturing employees from the Greenfield, Ind.-based company's aqua business.

As of July 1, 2024, Cape Regional Health System is now Cooper University Hospital Cape Regional.
Jul 1, 2024

Cape Regional officially joins Cooper University Health Care

"This agreement will transform health care for the residents and visitors of Cape May and Atlantic counties,” said George Norcross III, chairman of Cooper University Health Care’s board of trustees.

Sax LLP Partner Eric Lewandowski speaks with NJBIZ Editor Jeff Kanige on June 26, 2024.
Jul 1, 2024

NJBIZ Conversations: Sax Partner Eric Lewandowski

The firm's Transaction Strategy and Transformation leader discusses the state of the mergers and acquisitions market and the outlook for the second half.

Secaucus-based Quest Diagnostics
Jun 11, 2024

Quest completes acquisition of PathAI diagnostics assets

As part of the deal, the Secaucus-based testing provider bought out the company's lab in Memphis and rebranded the facility as AmeriPath.

Professional services company and generative AI leader Cognizant (Nasdaq: CTSH) visited the Nasdaq MarketSite in Times Square May 6 to celebrate its fourth anniversary sponsoring the LPGA Tour’s Cognizant Founders Cup, showcasing the parallels between sports and technology and increasing diversity and inclusion in both arenas. In honor of the occasion, Cognizant CEO Ravi Kumar S rang the opening bell, along with members of Cognizant’s leadership team, local associates, LPGA Commissioner Mollie Marcoux Samaan, World Golf and LPGA Hall of Fame golfer Nancy Lopez, current LPGA Tour professionals In Gee Chun and Megan Khang, as well as members of the LPGA*USGA Girls Golf of Jersey Shore chapter. PHOTO COURTESY OF NASDAQ INC.
Jun 10, 2024

Cognizant to acquire ER&D firm for $1.3B

The Teaneck-based buyer said joining forces with Belcan LLC will significantly expand its access to the approximately $190 billion engineering research & development services market, among other benefits.

Now known as Porter Thomas Grabell & Baumwoll PC, the new firm includes (from left) Matthew Grabell, David Baumwoll, Arthur “Scott” Porter and Allan Thomas.
Jun 6, 2024

Fisher Porter & Thomas PC merges with the Law Office of Matthew Grabell

The Englewood Cliffs-based boutique law firm said the move will expand its range of legal services to include employment law.

Tom Watson (left) is CEO of Forvis Mazars LLP, and Hervé Hélias (right) is chair of the global network board and of the group executive board of Forvis Mazars Group (formerly Mazars Group).
Jun 4, 2024

Forvis, Mazars join forces to become top 10 accounting firm

The new "two-firm network" is now a $5 billion global operation and the eighth largest of its kind in the U.S.

The New York Stock Exchange welcomed Johnson & Johnson to ring the Opening Bell on Dec. 5, 2023, as part of the company's celebration of the 80th anniversary of its "Our Credo." J&J Chairman and CEO Joaquin Duato, as well as several J&J employees, joined Lynn Martin, NYSE president, for the honor.
May 31, 2024

Johnson & Johnson completes $13.1B acquisition of Shockwave Medical

The California-based target is known for a first-of-its-kind technology that can be used to treat coronary artery and peripheral artery disease.

Merck celebrates opening of its reimagined Rahway headquarters.
May 29, 2024

Merck to acquire EyeBio in potential $3B deal

The privately held ophthalmology-focused biotechnology company focuses on the treatment of vision loss associated with retinal vascular leakage.

Cooper University Health Care has opened the first phase of its $150 million outpatient campus at the site of a former Sears store in Moorestown Mall.
May 28, 2024

Court approves Cape Regional, Cooper Health merger

Highlights of the union – first unveiled in December 2022 – will include two hospitals with more than 900 licensed beds; revenue exceeding $2.2 billion annually; and nearly 11,000 team members.