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J&J Targets China, Russia to Grow Medical Device Business

publication date: May 23, 2014
Johnson & Johnson’s medical device division will emphasize China, Russia and other emerging countries as a strategy to increase growth. J&J is already the largest healthcare company in China. Its medical device revenues were up 18% in China during 2013 to $1.4 billion. But global medical device sales were flat in Q1 of 2014, which prompted the company to review its plans for growth of the division. More details....

Stock Symbol: (NYSE: JNJ)

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