WSJ: J&J shopping women's care unit
NEW YORK — Johnson & Johnson is shopping its women's health unit, according to a report Friday in The Wall Street Journal, which suggested that the business no longer coincided with J&J's "growth priorities."
The brands managed by the unit include intimacy health KY and women's personal care brands, o.b. tampons and Stayfree and Carefree pads.
Recent brands sold by J&J have included e.p.t. pregnancy tests, Monistat and Rolaids.
The Wall Street Journal projected that more consumer brands considered non-core to J&J's growth strategies will be jettisoned as well, potentially including Band-Aid, Listerine, Neutrogena and even Tylenol.
But the company will not be exiting the OTC arena altogether, the report suggested, citing J&J's ongoing interest in eyecare company Bausch & Lomb.
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