Business Report: J&J splitting into two companies
Clip: 11/12/2021 | 2m 46s | Video has closed captioning.
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.
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