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J&J Considers Sale, Spin-Off For Ortho-Clinical Diagnostics

Johnson & Johnson announced plans to evaluate strategic options for its Ortho-Clinical Diagnostics unit during the firm’s medical devices and diagnostics business review.

Johnson & Johnson is evaluating “strategic options” for its Ortho-Clinical Diagnostics Inc. business, including the possibility of a sale or spin-off.

“Options include a possible divestiture if it is determined that OCD could have greater potential as part of another organization...

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