Johnson & Johnson plans to break into two companies, splitting its consumer business—home to Band-Aid and Tylenol—from its pharma-medical device unit
Johnson & Johnson plans to break up into two companies, splitting off the $15-billion-a-year division that sells Band-Aid bandages, Tylenol medicines and Johnson’s Baby Powder in a shift
indicating justwill separate its high-margin but risky prescription-drugs and medical-devices business from its storied but slower-growing consumer group, creating two publicly traded companies.
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