Johnson & Johnson Plans to Split Into Two Public Companies

Johnson & Johnson plans to interrupt up into two corporations, splitting off the $15-billion-a-year division that sells Band-Assist bandages, Tylenol medicines and Johnson’s Child Powder in a shift indicating simply how much healthcare has changed because the firm helped pioneer the trade.

The world’s largest health-products company by sales will separate its high-margin however dangerous prescription-drugs and medical-devices enterprise from its storied however slower-growing shopper group, creating two publicly traded corporations.

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