Pharma BD Deal Intelligence

Johnson & Johnson / Crucell NV

2003 · Acquisition/Merger · $2.4B · Complete

CALLED IT — OFF BY 12

J&J / Crucell: Achieved Stated Rationale (Score: 75/100)

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The coverage arc

Jan 08, 2003 Wikipedia Neutral

J&J acquired Crucell for $2.4B as a vaccine center, later called Janssen Vaccines.

Feb 22, 2011 Neutral

Johnson and Johnson completes tender offer for Crucell and declares offer unconditional acquiring the Dutch vaccine group to strengthen Janssen division.

Apr 24, 2026 Neutral

Johnson and Johnson acquires vaccine developer Crucell with 58 percent premium to strengthen its biologics and vaccine pipeline capabilities.

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J&J acquired Crucell for $2.4B as a vaccine center, later called Janssen Vaccines.

Did it work? Outcome assessment

J&J / Crucell: Achieved Stated Rationale (Score: 75/100)

Strategic verdict
Achieved Stated Rationale

Key facts

Related deals — scored

DealYearValueOutcome
Johnson & Johnson / Crucell NV (this deal)2003$2.4B75
Johnson & Johnson / Legend Biotech Corporation2017$9.0B96
Johnson & Johnson / Centocor Inc.1999$4.9B92
Johnson & Johnson / Cougar Biotechnology, Inc.2009$970M91
Johnson & Johnson / Actelion Ltd2017$30.0B90
Johnson & Johnson / Aragon Pharmaceuticals Inc.2013$1.0B89
Johnson & Johnson / Legend Biotech Corporation2017$350M83

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