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MICHELLE CHAPMAN and TOM MURPHY / AP, Time: Business
Fri, 11/12/2021 - 10:09am

Johnson & Johnson is peeling off a consumer health business that helped it become the world’s biggest health care products maker. The company said Friday that it will separate its segment that sells Band-Aids, Listerine and over-the-counter medicines like Tylenol from its pharmaceutical and medical device business. Company leaders told analysts that the split into two publicly traded companies will make each business more nimble in adapting to their respective markets.

Topics: listerine tylenol ceo alex gorsky ldquo;we ve covid-19 neutrogena aveeno pharmaceuticals ldquo;i january joaquin duato democrats congress canada u.s senators dick durbin illinois elizabeth warren massachusetts chapter nov general electric pfizer inc merck co shares new brunswick new jersey-based johnson johnson johnson band-aids company gorsky j&j s j&j u.s dow dow jones industrial average split companies aiming consumer health business medical devices segment friday brands separate climbed leaders analysts letter cancer products portfolio selling created businesses markets years powder move baby billion

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