Intra-Cellular Therapies Completes Merger with Johnson & Johnson

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2025.04.02 20:30
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Intra-Cellular Therapies (ITCI) has completed its merger with Johnson & Johnson, valued at approximately $14.6 billion. The company notified the Nasdaq Stock Market on April 2, 2025, about its plans to delist its shares as it becomes a wholly-owned subsidiary. Following the merger, all previous directors resigned, and the company's bylaws were amended to align with Johnson & Johnson. ITCI's current market cap is $14.05 billion, with a year-to-date price performance of 56.54%.