National

Johnson & Johnson plans to split into two companies

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.”

Related Articles

Leave a Reply

Your email address will not be published.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

Back to top button