NJ Spotlight News

Business Report: J&J splitting into two companies

Clip: 11/12/2021 | 2m 46s

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It’s a major breakup for a big pharmaceutical company in New Jersey. Johnson and Johnson announced it will split into two public companies - one company will be comprised of its consumer products, the other, will include its pharma and medical device businesses. That business will retain the J&J name, it hasn’t yet come up with a name for the new consumer products company.

Aired: 11/12/21 | Rating: NR

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