Johnson & Johnson said Tuesday it plans to separate its artificial hip and knee business into a stand-alone company to be called DePuy Synthes
PositiveHealth

Johnson & Johnson has announced plans to spin off its artificial hip and knee business into a new company named DePuy Synthes. This strategic move reflects J&J's ongoing efforts to streamline its operations and concentrate on faster-growing sectors. By separating this division, J&J aims to enhance its focus and potentially drive innovation in the medical device market, which is crucial for maintaining competitiveness.
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