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J&J Announces Second Major Spinoff, Plans to Separate Orthopedics Division
J&JJ&J(US:JNJ) Yahoo Finance·2025-10-16 05:46

Johnson & Johnson (NYSE:JNJ) is included among the 11 Defensive Healthcare Dividend Stocks to Buy Now. J&J Announces Second Major Spinoff, Plans to Separate Orthopedics Division Johnson & Johnson (NYSE:JNJ) is an American multinational pharmaceutical, biotech, and medical technologies company. On Oc‍tober 14,​ the company⁠ announced that it will spin​ off i‌ts orthopedics division into a​ sepa‌rate company within the next 18 to 24 months. This move marks its second major spin-off in two ye‍a⁠rs as the h ...