J&J could reach market-leading medtech growth after consumer spinoff: analysts

cafead

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  • cafead   Oct 10, 2023 at 10:42: AM
via Johnson & Johnson’s spinoff of its consumer health business has positioned the company to achieve top-tier medtech growth and profitability, according to analysts at RBC Capital Markets.


J&J recently split off its consumer health unit to make a standalone company, turning itself into the only global healthcare company with pharma and medtech in a single portfolio. RBC analysts expect the new structure to support the growth of a “bellwether” healthcare stock.

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