Johnson & Johnson to pay $3.4B to buy Auris Health

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Johnson & Johnson has agreed to buy robotic surgery firm Auris Health for $3.4 billion in cash. The Redwood City company's robotic camera helps doctors see inside the body, including in the lungs. It was recently valued at about $2.1 billion after raising $220 million in funding in November. The deal gives Johnson & Johnson (NYSE:JNJ) an entry into robotics and builds on itspartnership with Alphabet Inc.'s life science unit Verily. "In this new era of health care, we're aiming to simplify surgery,...

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