Johnson & Johnson

Johnson and Johnson Beats Second Quarter Profit Expectations with Spending Cuts

Johnson and Johnson Beats Second Quarter Profit Expectations with Spending CutsIn spite of lower sales figure worldwide, Johnson and Johnson posted a second quarter profit that surpassed the market expectations. The company announced 4.4 per cent increase in the Q2 profit on Tuesday, which was helped by a cut down on spending.

Johnson and Johnson is well known for its baby care products, Band-Aids, biologic drugs and other medical devices.

Cardinal Health Inc. Will Acquire, Cordis, the Heart Product Business of Johnson & Johnson

Cardinal Health Inc. Will Acquire, Cordis, the Heart Product Business of Johnson & JohnsonCardinal Health Inc. will acquire Johnson & Johnson's heart care-product business, Cordis, for $1.94 billion cash deal. This move will allow the company to add stents and catheters to its product list which it offers to hospitals, ambulatory centres, clinical laboratories, and also physicians.

Johnson and Johnson to give warnings about Tylenol

Johnson and Johnson to give warnings about TylenolJohnson and Johnson proclaimed its ache reliever Tylenol will be re-discharged with red cautioning names on their tops to let customers know the dangers of a lot of acetaminophen admission, it was reported.

Health Bosses Revoke J&J’s License to Make Cosmetic Outside Mumbai Plant

Health Bosses Revoke J&J’s License to Make Cosmetic Outside Mumbai PlantAs per recent new, Johnson & Johnson was found to use an illegal method to sterilize its baby powder. Consequently, the health officials have revoked the license of the company to make cosmetics at the plant outside Mumbai.

Faulty Hip Implants Sold for Profit, Says Lawyer

johnson-and-johnsonAllegations that were levelled against the Johnson and Johnson for selling faulty metal-on-metal hip have met a conclusion. A lawyer had accused the company for using defective implants which failed in the first year of surgery itself.

Johnson & Johnson to Pay Heavy Compensation to Teen

Johnson & Johnson to Pay Heavy Compensation to TeenRecent news has confirmed that Health care Company, Johnson & Johnson would have to pay a total of $109 million to a teenager after it was ruled by a Plymouth Superior Court jury on Wednesday. It had been found that Samantha Reckis had suffered from a serious drug reaction, which made her lose her skin after she consumed a pain reliever some 10 years ago.

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