NEW YORK Jan 25 Johnson & Johnson is
shopping a business that makes women's products such as Stayfree
and Carefree pads, the Wall Street Journal reported on Friday,
citing people familiar with the process.
J&J is looking to sell the unit as it eliminates businesses
that are not aligned with its growth priorities, the Journal
The feminine products business, which also makes K-Y
lubricant, could appeal to a private equity buyer, one of the
people told the Journal.
A J&J spokesman could not be reached by Reuters for comment.
New Brunswick, N.J.-based J&J has been going through a
transition under its new Chief Executive, Alex Gorsky. It is
launching new prescription drugs while battling manufacturing
problems in its consumer business and shedding some products.
J&J's women's health unit had about $1.6 billion in global
sales, down 9 percent from the 2011 period.