Johnson & Johnson (JNJ) specializes in the research, development, manufacturing, and sale of a wide range of products in the health care sector. The company’s operations can be divided into three segments: Consumer Health (pre-split known as Consumer), Medical Devices, and Pharmaceuticals. Last November, Johnson & Johnson revealed that it would be splitting into two individual businesses. One is to contain Johnson & Johnson’s pharmaceuticals and medical devices divisions, while the other is to include the relatively smaller consumer health business. Management is aiming to complete the separation within 18 to 24 months after the initial announcement.  The smaller business arising out of this spin-off will focus on consumer health.
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