OPEN APP
Home / Companies / News /  Johnson & Johnson plans to split into two companies
Listen to this article

US pharmaceutical giant Johnson & Johnson on Friday announced plans to break up into two entities, turning its consumer health arm into a separate company.

Johnson & Johnson said in a statement it will separate its pharmaceutical division from its consumer arm that sells Band-Aids, creating "two global leaders that are better positioned to deliver improved health outcomes for patients and consumers through innovation."

 

This story has been published from a wire agency feed without modifications to the text.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our App Now!!

Close
×
Edit Profile
Get alerts on WhatsApp
My ReadsRedeem a Gift CardLogout