J&J to Grow New Wellness & Prevention Business as Part of Consumer Division

OPEN MINDS Weekly News Wire Strategic Health Care News On April 14, 2009, Johnson & Johnson’s (J&J) Chief Financial Officer, Dominic Caruso, told investors the company planned to house its new wellness and disease prevention (Wellness & Prevention) business in its Consumer Health Care segment. Mr. Caruso said the Wellness & Prevention business “is really much more of a consumer-like business.” It was originally developed as part of the company’s Office of Strategy & Growth, which was established in 2007 to identify other potential health care growth platforms outside the company’s core consumer, pharmaceutical . . .