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Johnson & Johnson To Sell Off Diagnostics Unit-Reuters


Tuesday, 22 Jan 2013 02:29pm EST 

Reuters reported that Johnson & Johnson may sell or spin off its slow-growing $2 billion-a-year diagnostics business, the Company said when it reported quarterly earnings. The diversified healthcare company said it may sell the Ortho Clinical Diagnostics business - whose products include equipment for laboratory diagnostics and blood transfusion screening - or turn it into a stand-alone company. 

Company Quote

92.53
-0.2 -0.22%
11:55am EDT