Johnson & Johnson makes $15 billion bet on mental-health drugs
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Johnson & Johnson is acquiring Intra-Cellular Therapies for $15 billion, aiming for sales growth in mental-health drugs beyond analysts' expectations through 2029.
January 13, 2025 | 12:30 pm
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Johnson & Johnson is acquiring Intra-Cellular Therapies for $15 billion, aiming for significant sales growth in mental-health drugs through 2029.
The acquisition of Intra-Cellular Therapies by Johnson & Johnson is a strategic move to enhance its portfolio in mental-health drugs, which is expected to drive sales growth beyond analysts' expectations. This positive outlook is likely to boost investor confidence and positively impact JNJ's stock price in the short term.
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