<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>animascover.txt
<TEXT>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 16, 2005
JOHNSON & JOHNSON
(Exact name of registrant as specified in its charter)
New Jersey 1-3215 22-1024240
(State or other Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
One Johnson & Johnson Plaza, New Brunswick, New Jersey
08933
(Address of principal executive offices) (zip code)
Registrant's telephone number including area code:
(732) 524-0400
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-
2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-
4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Item 8.01 Other Events
NEW BRUNSWICK, N.J. and WEST CHESTER, Pa., Dec. 16
/PRNewswire-FirstCall/ -- Johnson & Johnson (NYSE: JNJ) and
Animas Corporation (Nasdaq: PUMP), an insulin delivery
company, today announced a definitive agreement whereby
Animas will be acquired in a cash-for-stock merger
transaction. Animas is expected to operate as a stand-alone
entity reporting through LifeScan, Inc., a Johnson & Johnson
company offering blood glucose monitoring systems. The
acquisition affords LifeScan immediate entry into the fast-
growing insulin delivery pump market.
Under the terms of the agreement, Animas stockholders will
receive $24.50 for each outstanding Animas share. The net
value of the transaction as of the anticipated closing date
is estimated to be approximately $518 million based upon
Animas' 22 million fully diluted shares outstanding, net of
estimated cash on hand at time of closing.
The boards of directors of Johnson & Johnson and Animas have
approved the transaction, which is subject to clearance
under the Hart-Scott-Rodino Antitrust Improvements Act,
certain foreign regulatory approvals, Animas stockholder
approval and other customary closing conditions. The
transaction is expected to close in the first quarter of
2006.
Exhibit No. Description of Exhibit
99.15 Press Release dated December 16, 2005
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned hereunto
duly authorized.
JOHNSON & JOHNSON
Date: December 16, 2005 By: /s/ Stephen J. Cosgrove
Stephen J. Cosgrove
Chief Accounting Officer
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