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Johnson & Johnson spins off consumer business in historic company shake-up

Nicholas Earl by Nicholas Earl
November 13, 2021
in Health
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Johnson & Johnson spins off consumer business in historic company shake-up
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Johnson & Johnson will spin off its consumer health business in a massive company shake-up. It will continue to develop pharmaceuticals and medical devices, but will create a new publicly traded company to sell household products. The separation reflects the growing divergence between the slow-and-steady world of selling shampoos…
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