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This article is more than 2 month old.

Johnson & Johnson plans to split into two companies

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The company selling prescription drugs and medical devices will keep Johnson & Johnson as its name, the company said Friday. The new consumer health company will house brands including Neutrogena, Aveeno, Tylenol, Listerine, Johnsons, and Band-Aid.

Johnson & Johnson plans to split into two companies
Johnson & Johnson is splitting into two companies, separating the division that sells Band-Aids and Listerine, from its medical device and prescription drug business.
The company selling prescription drugs and medical devices will keep Johnson & Johnson as its name, the company said Friday. The new consumer health company will house brands including Neutrogena, Aveeno, Tylenol, Listerine, Johnsons, and Band-Aid. A name was not disclosed for the new company.
Details are sparse, but the company expects the split to occur in the next two years.
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