In the latest trading session, Johnson & Johnson (JNJ) closed at $153.30, marking a +0.43% move from the previous day.
Activist investor Caligan Partners has nominated two director candidates to Anika Therapeutics' seven member board, according to a regulatory filing on Monday, signaling plans to push ahead with a board challenge at the biotechnology company. The investment firm, which owns a roughly 4% stake and is one of Anika's 10 biggest shareholders, named former Johnson & Johnson executive Gary Fischetti and former healthcare technology executive and experienced board member James Hogan as its candidates, according to the filing.
Activist investor Caligan Partners has nominated two director candidates to Anika Therapeutics' seven member board, according to a regulatory filing on Monday, signaling plans to push ahead with a board challenge at the biotechnology company. The investment firm, which owns a roughly 4% stake and is one of Anika's 10 biggest shareholders, named former Johnson & Johnson executive Gary Fischetti and former healthcare technology executive and experienced board member James Hogan as its candidates, according to the filing.