Tag Archives: jnj

Biotech IPOs Ignite As Aduro Doubles On First Day

Aduro Biotech (ADRO) soared on its initial public offering, one of three biotech IPOs Wednesday. Aduro, a developer of cancer immunotherapy treatments, priced at 17 and opened at 32. It raised $119 million, pricing 7 million shares at 17. The stock was trading up 113% to 36.25 in afternoon trading on the stock market today . Existing shareholders in Aduro include a venture capital unit of Johnson & Johnson (JNJ). The group, called Johnson & Johnson

An Apple Watch A Day & IBM To Keep Doctor Away?

HUNTINGTON BEACH, CALIF. — With its new Watson Health business unit, IBM (IBM) is looking to leverage wearable and mobile app health data. The purpose, says the company, is to “help optimize consumer and medical devices for data collection, analysis and feedback.” But what will all of that look like? Big Blue on Monday said that the new Watson unit will work with Johnson & Johnson (JNJ), Medtronic (MDT) and Apple (AAPL); Apple’s customers can

An Apple Watch A Day And IBM To Keep Doctor Away?

HUNTINGTON BEACH, CALIF. — With its new Watson Health business unit, IBM (IBM) is looking to leverage wearable and mobile app health data. The purpose, says the company, is to “help optimize consumer and medical devices for data collection, analysis and feedback.” But what will all of that look like? Big Blue on Monday said that the new Watson unit will work with Johnson & Johnson (JNJ), Medtronic (MDT) and Apple (AAPL); Apple’s customers can