J&J; to form 3 units to reignite growth
From Times Wire Services
Healthcare products maker Johnson & Johnson, faced with lagging sales of some top products, said it would create three new units to boost prospects.
The New Brunswick, N.J.-based company said it would create an office of strategy and growth to identify new opportunities, a surgical care group to focus on technology and services to improve patient care, and a comprehensive care group aimed at treatments for chronic and pervasive conditions.
Johnson & Johnson said its consumer businesses would not be directly affected by the changes, which take effect Jan. 1.
