Question: In May 2 0 2 4 , Johnson & Johnson, a multinational pharmaceutical, biotechnology and medical technologies corporation, acquired Shockwave Medical, a medical device manufacturer,
In May Johnson & Johnson, a multinational pharmaceutical, biotechnology and medical technologies corporation, acquired Shockwave Medical, a medical device manufacturer, for USD billion. The deal was intended to expand Johnson & Johnsons portfolio of coronary artery disease and peripheral artery disease treatmentstwo fastgrowing segments of the healthcare market. Which of the following common reasons for acquisitions provides the best explanation for Johnson & Johnsons acquisition of Shockwave Medical?
Group of answer choices
Expertise
Efficiency gains
Vertical integration
Monopoly gains
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