The deal will help J&J speed up its entry into the robotics market.
The company just announced that it is restructuring its global supply chain.
We all talk about cross-collaboration, but do we really practice it?
Johnson & Johnson holds firm that it will continue to accelerate in the innovation department over the next year.
Cardinal CEO George Barrett has said that the company may make more acquisitions in cardiology and endovascular treatment as well as in the trauma and wound care segment.
Bloomberg reports that the world’s largest healthcare company Johnson & Johnson is in talks with Cardinal Health Inc. to sell its Cordis unit. The unit may fetch as much as $2 billion in a sale, according to the story.
The healthcare giant reported worldwide medical devices sales of $27.5 billion for the full-year 2014, a decrease of 3.4 percent versus the prior year.