Johnson & Johnson is breaking up Band-Aids and pharmaceuticals

Johnson & Johnson, the world’s largest health products company, is splitting up.

The company, which traces its roots back to 1886, will break into two: One company will focus on consumer health products customers can buy over the counter, including Benadryl, Band-Aids and Tylenol. The other business will sell prescription drugs and medical devices. Both will be publicly traded companies.

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