{"id":293928,"date":"2026-02-20T19:38:12","date_gmt":"2026-02-20T19:38:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/293928\/"},"modified":"2026-02-20T19:38:12","modified_gmt":"2026-02-20T19:38:12","slug":"jj-explores-20-billion-sale-of-orthopedics-unit-source","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/293928\/","title":{"rendered":"J&#038;J explores $20 billion sale of orthopedics unit: source"},"content":{"rendered":"<p>Johnson &amp; Johnson is preparing a potential sale of its orthopedics unit, in a deal that could top $20 billion, with the company eyeing private equity firms as the most likely buyers, a source familiar with the matter has told Reuters.<\/p>\n<p>The company did not immediately respond to a Reuters request for comment.<\/p>\n<p>J&amp;J last year said it had planned to separate its orthopedics unit, known as DePuy Synthes, into a standalone company within the next 18 to 24 months, marking its second major spinoff in two years as it sharpens focus on higher-growth healthcare segments.<\/p>\n<p>Bloomberg News first reported on this development and said J&amp;J is assembling documents and financials for DePuy Synthes before it meets with possible buyers in the coming weeks, citing people familiar with the matter.<\/p>\n<p>Several large private equity firms are considering teaming up to potentially buy out the unit, Bloomberg said, adding that the sale could also draw interest from rival medical device players.<\/p>\n<p>J&amp;J&#8217;s orthopedics unit makes hip, knee and shoulder implants, surgical instruments and other products and generated $9.3 billion in sales in 2025.<\/p>\n<p>Over the years, J&amp;J has faced thousands of lawsuits tied to hip replacement devices made by the orthopedics unit.<\/p>\n<p>As of February 2, the company had resolved all but 128 of nearly 10,600 claims in nationwide litigation over alleged design defects in DePuy&#8217;s ASR hip replacement system.<\/p>\n<p>The company&#8217;s chief financial officer, Joe Wolk, previously said J&amp;J was exploring multiple paths for the separation, with a primary focus on a tax-free spinoff, but remained open to other options.<\/p>\n<p>He had added that the separation process was already underway, and does not expect further material updates on the transaction until mid-2026.<\/p>\n","protected":false},"excerpt":{"rendered":"Johnson &amp; Johnson is preparing a potential sale of its orthopedics unit, in a deal that could top&hellip;\n","protected":false},"author":2,"featured_media":293929,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[134,527,111,139,69],"class_list":{"0":"post-293928","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-healthcare","8":"tag-health","9":"tag-healthcare","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/293928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=293928"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/293928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/293929"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=293928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=293928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=293928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}