Johnson & Johnson Plans To Highlight Innovation And Technology Strategies For Growing Business

Johnson & Johnson Family of Companies will present to investors strategies and growth opportunities in the consumer and medical device segments. According to the company, hospital medical device businesses are forecast to deliver growth that is above the rest of the market, driven by its existing pipeline of products, with sales potential of more than $6 billion. Also, the company said its consumer medical device businesses are creating new product categories with innovations, as well as new products scheduled for release, with sales likely to reach beyond $2 billion. With more than 100 new products expected to be launched in 2016, the company believes the consumer segment will accelerate growth, driven by its expansion worldwide and innovations.