Technology

Actelion confirms Johnson & Johnson approach

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A general view shows Swiss biotech group Actelion Headquarters in Allschwil near Basel February 17, 2015. REUTERS/Arnd Wiegmann

Actelion (ATLN.S) has confirmed it has been approached by Johnson & Johnson (JNJ.N) about a possible transaction to take over the Swiss drugmaker.

ZURICH Actelion (ATLN.S) has confirmed it has been approached by Johnson & Johnson (JNJ.N) about a possible transaction to take over the Swiss drugmaker.

“There can be no certainty that a transaction will result,” Actelion said in a statement on Friday.

(Reporting by John Revill- editing by Brenna Hughes Neghaiwi)

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