Fractionation – Johnson & Johnson is rebuilding itself – Economy

US pharmaceutical and consumer group Johnson & Johnson is considering splitting into two listed companies. The group wants to split its consumer goods division, including patches and baby powder, within the next 18 to 24 months, CEO Alex Gorsky told the Wall Street Journal on Friday. The pharmaceutical division with non-prescription drugs and medical technology will be separated from it. The split is the best way to ensure long-term sustainable growth, Gorsky said. The group decided to do so because the two divisions had diverged in recent years. The group confirmed the plan in an investor notice. The stock rose four percent before the trading session.

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