On the first day of the JPM Medical Conference, pharmaceutical giants are announcing new strategies. Could the mergers and acquisitions in Biomedical begin in 2025?
In 2025, the Biomedical mergers and acquisitions will begin.
Looking Into Johnson & Johnson's Recent Short Interest
Johnson & Johnson (JNJ) Among the Best Dividend Kings to Buy Now
S&P has placed Johnson & Johnson (JNJ.US) on negative credit watch.
The rating agency S&P has placed Johnson & Johnson (JNJ.US) on a credit watch with a negative outlook, primarily due to the company's acquisition of the mental health drug developer Intra-Cellular Therapies for nearly 15 billion USD. S&P believes that this acquisition will raise Johnson & Johnson's adjusted leverage ratio to about 1.4 times, exceeding the downgrade trigger of 1 time set by S&P's ratings. Johnson & Johnson added that it expects its adjusted leverage ratio to decline to 1.1 times by the end of 2025 and to below 1 time by the end of 2026.
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S&P Places Johnson & Johnson on CreditWatch Negative
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Wells Fargo Maintains Johnson & Johnson(JNJ.US) With Hold Rating, Maintains Target Price $166
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