{"id":224146,"date":"2025-10-14T14:12:09","date_gmt":"2025-10-14T14:12:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/224146\/"},"modified":"2025-10-14T14:12:09","modified_gmt":"2025-10-14T14:12:09","slug":"jj-lays-out-plan-to-splinter-orthopedics-business-into-separate-company","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/224146\/","title":{"rendered":"J&#038;J lays out plan to splinter orthopedics business into separate company"},"content":{"rendered":"\n<p class=\"yf-1090901\">Johnson &amp; Johnson is narrowing its focus again, nearly four years after peeling off its <a href=\"https:\/\/apnews.com\/article\/business-johnson-and-johnson-health-prescription-drugs-be49e5beca59dfcb3457be62f4cfa2e9\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:consumer health business;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">consumer health business<\/a>.<\/p>\n<p class=\"yf-1090901\">The health care giant said Tuesday that it will separate its orthopedics business into a standalone company known as DePuy Synthes. The move leaves J&amp;J focused on its pharmaceutical and MedTech segments, which make prescription drugs, contact lenses and technology to treat cardiovascular disease and help with surgeries.<\/p>\n<\/p>\n<p class=\"yf-1090901\">The orthopedics business will be led by Namal Nawana, a former CEO of the medical technology business Smith &amp; Nephew, which makes products for sports medicine and wound management and also focuses on orthopedics.<\/p>\n<p class=\"yf-1090901\">J&amp;J\u2019s orthopedics business pulled in more than $9 billion in sales last year. But the company said the split will help it focus on higher-growth areas.<\/p>\n<p class=\"yf-1090901\">The company expects to complete the move over the next 18 to 24 months.<\/p>\n<p class=\"yf-1090901\">J&amp;J announced in November, 2021, that it would turn its consumer health business, which makes Band-Aids, Listerine and Tylenol into a separate company that later became known as Kenvue.<\/p>\n<p class=\"yf-1090901\">New Brunswick, New Jersey-based Johnson &amp; Johnson also reported on Tuesday better-than-expected third-quarter earnings and reaffirmed its adjusted earnings guidance for the year.<\/p>\n<p class=\"yf-1090901\">Company shares slipped more than $2 to $188.74 in premarket trading. The shares have already climbed more than 30% so far this year.<\/p>\n","protected":false},"excerpt":{"rendered":"Johnson &amp; Johnson is narrowing its focus again, nearly four years after peeling off its consumer health business.&hellip;\n","protected":false},"author":2,"featured_media":224147,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[97,125968,252,253,116677,2918,125971,125969,125970,125972],"class_list":["post-224146","post","type-post","status-publish","format-standard","has-post-thumbnail","category-health-care","tag-health","tag-health-business","tag-health-care","tag-healthcare","tag-jj","tag-johnson-johnson","tag-medical-technology-business","tag-orthopedics","tag-separate-company","tag-smith-nephew"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/224146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=224146"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/224146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/224147"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=224146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=224146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=224146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}