J&J leans toward spinning off hips-and-knees unit

AI-generated briefing · First published 2026-10-13 12:25:47 UTC

Johnson & Johnson is leaning toward spinning out its DePuy Synthes orthopedics business, CFO Joseph Wolk said.

Johnson & Johnson is leaning toward spinning out its hips-and-knees business, Chief Financial Officer Joseph Wolk said, adding that a spin-off would create the most value for shareholders. [1] [2]

The company reported third-quarter revenue of $25.4 billion, up 5.9 percent, and raised its full-year revenue and adjusted earnings guidance. [2]

Wolk noted the medical-devices segment grew only 2.5 percent and said the business still needs improvement. [2]

Sources

1. J&J Is Leaning Toward Spinning Out Its Hips-And-Knees Business

   WSJ Business · 2026-10-13 10:28:00 UTC · Summary only

2. 强生拟分拆旗下髋膝关节业务

   Sina Finance · 2026-10-13 11:53:16 UTC · Full text

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