J&J to restructure orthopedic business after medical device sales miss

J&J to restructure orthopedic business after medical device sales miss

Johnson & Johnson, a renowned healthcare conglomerate, recently announced a significant restructuring of its orthopedics business. This decision comes in the wake of the company’s third-quarter medical devices sales not meeting Wall Street’s expectations. The restructuring signifies J&J’s strategic shift, especially after the spin-off of its consumer health unit. J&J’s Restructuring and Future Goals Johnson … Read more