J&J May Eye Deals That Boost Eye Care, Surgical Robots Businesses: CEO

J&J May Eye Deals That Boost Eye Care, Surgical Robots Businesses: CEO
The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange on May 29, 2019. Brendan McDermid/Reuters
Reuters
Updated:

Johnson & Johnson will look for opportunities to merge with or acquire firms that add value to its focus areas of eye care, surgical robots, orthopedics and cardiovascular products, the company’s Chief Executive Officer Joaquin Duato said on Monday.

The healthcare giant is in the process of spinning off its consumer healthcare business under the brand Kenvue to focus on its pharmaceutical and medical devices businesses.