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.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Ex-Prince Charles Aide Quits Charity in Cash-For-Honors Case | Entertainment News
Next post Global Optical Coherence Tomography Market (2021 to 2029) – by Technology Type, Application Type and Geography – ResearchAndMarkets.com