Momenta shift to new drugs pays off with $6.5B buyout by J&J

Dive Brief: Johnson & Johnson will pay $6.5 billion to buy Momenta Pharmaceuticals, acquiring the Cambridge, Massachusetts-based biotech less than two years after the company shifted away from developing biosimilars and toward testing experimental drugs for autoimmune diseases. With the deal, J&J gains access to an experimental drug for myasthenia gravis, a disease that is…

Itaú BBA on Hypera: Results Still Affected by WK Shift; Sell-Out Growth Acceleration Yet to Come

However, the company achieved a significant reduction in accounts receivable, with April already meeting the target of 60 days of receivables. In our view, market pushback should focus on the sell-out growth of 6% in the retail segment, which remains below the expected growth for the full year 2025. This is an important metric as it indicates what the normalized growth for the company would be from the second half of 2025 onward.