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“It’s not a question of a price tag. There is no price tag,” the president-elect told Welker. On Sunday, Barrasso dodged questions about whether there should be limits to how much Trump can spend on his deportation plan. “I agree there’s no price tag on protecting the safety and security of our country and our citizens. “Well, since President Trump hasn’t actually made any nominations yet along those lines, I’m not going to comment on any one individual,” the senator said.

Persons: Sen, John Barrasso, Donald Trump, Kristen Welker, John F, Kennedy, Robert F, Trump, ”, John Kennedy, Bobby, ” Barrasso, ” “, Kevin Dietsch, Barrasso, “ It’s, they’re, Welker, “, haven’t, Kennedy Jr, Trump hasn’t, I’m, ” Trump Organizations: Sunday, of, White, NBC, Press, Senate, Department, U.S, NBC News, ”, Trump White House Locations: United States, U.S

☆ In the competitive world of pharma, companies need to focus on worker well-being to retain top talent, says Ferring's HR exec
▼ + stars: | 2024-10-15 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

She said that Ferring has grown more intentional about focusing on worker well-being, which is particularly important for the highly competitive field of healthcare. What are the benefits for companies focused on worker well-being? We've defined well-being in a holistic way, so it's not just about physical well-being; it's also about mental well-being and financial well-being. What advice do you have for other companies that are just getting started thinking about DEI and worker well-being initiatives? What policies demonstrate your focus on worker well-being?

Persons: —, Johnson, JP Morgan, Ferring, We've, it's, I've, we've, you've Organizations: Ferring Pharmaceuticals, Service, gastroenterology, Johnson, American Express, Pharma, pharma Locations: Swiss, Switzerland

☆ Comparing yourself to Olympians is a losing game
▼ + stars: | 2024-07-25 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +6 min

So what better time to shame yourself about your fitness and body image than during a gathering of the world’s top athletes? But doing so is a losing game. Not everyone can optimize their body for performance the way Olympians do, experts say. Optimizing their bodies for performance is a full-time job for Olympians, she said. You can be inspired to set healthy physical goalsThere are positive ways you can be inspired by Olympians, however, and these can help you approach your goals, Mason said.

Persons: I’m, Jennifer Rollin, Dr, Amadeus Mason, Mason, Dana Santas, ” Mason, “, Santas, ”, didn’t, “ That’s, Rollin, that’s, ’, ” Rollin Organizations: CNN, Emory Healthcare, USA, Games Locations: Rockville , Maryland, orthopedics, Atlanta, United States

☆ Activist Cevian has a stake in medical device company Smith & Nephew. How it may help improve margins
▼ + stars: | 2024-07-13 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

Business: Smith & Nephew is a British portfolio medical technology company that operates worldwide. Its segments include Orthopedics, Sports Medicine and Ear, Nose and Throat, as well as Advanced Wound Management. Its Advanced Wound Management portfolio provides a comprehensive set of products to meet broad and complex clinical needs. Smith & Nephew is a global leader in medical technology. Smith & Nephew is well known for its product quality and its brand perception is very strong.

Persons: Smith, Nephew, Stryker, Zimmer Biomet, Ken Squire Organizations: Sports, Management, Sports Medicine, Cevian, Sports Med, 13D Locations: British, Europe

Bleeding and crying, Dr. Hani Bseso’s teenage niece Ahed called out for him as she slipped in and out of consciousness. A shell had ripped into their home, which had been surrounded by Israeli troops as fighting raged outside that December day. It was too dangerous to make the five-minute drive to Al-Shifa Hospital, where Dr. Bseso, 52, worked in orthopedics. So he grabbed a kitchen knife, scissors and sewing string — then amputated Ahed’s leg on the kitchen table, where her mother had just made bread. With “no tools, no anesthetic, nothing,” he explained, “I had to find a way to save her life.”

Persons: Hani Bseso’s, Ahed, Bseso, ”, “ Organizations: Shifa Locations: orthopedics

☆ ‘We give birth only to lose them’: Injured Palestinian mothers grieve for babies killed in Gaza
▼ + stars: | 2024-05-14 | by ( Sarah Sirgany | Jomana Karadsheh | ) edition.cnn.com time to read: +11 min

Hijazi tells her story in a faint voice lying in a hospital bed in Doha, Qatar’s capital. Hijazi was evacuated from Gaza for medical treatment a month after her injury. Doctors Hasan Abuhejleh and Ahmed AlSaadi inspect Gaza patients at the Hamad hospital in Doha, Qatar. Like many patients coming out of Gaza, she has a drug-resistant infection picked up in the territory’s struggling hospitals. Despite the different outcome of their pregnancies, Alqutati and Hijazi describe a similar despair that shackles them to the horrors of the war in Gaza.

Persons: Raneem Hijazi, Azzouz, ”, Khan Younis, “, Mariam, cesarian, Hijazi, ‘, ’ ” Hijazi, hasn’t, I’ve, Hasan Abuhejleh, Ahmed AlSaadi, Hamad, Sanjiv Talreja, Ola, Darren Bull, Shaimaa Al, Ghoul, Hothaifa, Mohamed, Abdullah, Shahed Alqutati, Ali, ‘ Ali, ’, ‘ Shahed, Sham, Alqutati, I’ll, ” Hijazi Organizations: Doha CNN, CNN, Hamad Hospital, United Nations, Shifa Locations: Qatar, Doha, Gaza, Qatar’s, Egypt, orthopedics, Israel, Rafah, Territories, Sabha, Al, Gaza City

☆ Israeli guards strapped wounded Palestinian detainees to their beds wearing diapers and fed them through straws, report says
▼ + stars: | 2024-05-11 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Read previewAn Israeli detention center is subjecting Palestinians to abuse, strapping detainees down to their beds, blindfolding them, and holding them in diapers, a new CNN report alleges. It has been the site of abusive conduct against some of the 70 Palestinian detainees, three Israeli whistleblowers told CNN. One whistleblower told CNN that beatings were "not done to gather intelligence. In a field hospital, wounded detainees were strapped to beds, dressed in diapers, and fed through straws, CNN reported. In November, Business Insider's Alia Shoaib reported on graphic videos appearing to show IDF soldiers abusing Palestinian detainees in the West Bank.

Persons: —, Mohammed Al, Insider's Alia Shoaib, Adnan Al Organizations: Service, CNN, Business, Medical, Israel Defense Forces, Hamas, of Health, Guards, Shifa, Aqsa Martyrs Hospital, Anadolu, Getty, West Bank, BBC, Military Locations: Israel, Gaza, Aqsa, Deir Al Balah, Negev, al

☆ Your body needs three forms of movement every week
▼ + stars: | 2024-05-04 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +5 min

First is the movement your body is owed or requires every day, such as walking, stretching and bending. Second is athletic movement, which you can do a few times a week to improve your fitness or to train for a sport. Third is social movement that you do for fun or to connect with others, such as dancing or playing volleyball. Dancing is an excellent form of social movement that connects you to others while improving your overall health and fitness. Breaking down all these different movements into exercise snacks is one way to sneak in the movement your body needs, Boyd said.

Persons: it’s, Melissa Boyd, Boyd, “, ” Boyd, ”, Carl Cirino, Cirino, ” Cirino, It’s, ” Melanie Radzicki McManus Organizations: CNN’s, CNN, European, Preventive Cardiology, Tempo, HSS, Stamford Health Locations: San Francisco, Connecticut

Al-Bursh was arrested along with 10 other medical workers in December during the Israeli military ground invasion of the Jabalya refugee camp, CNN previously reported. He was taken away while treating patients in Al-Awda Hospital, according to the statement. Earlier on Thursday, Israel released dozens of Gaza detainees via the Kerem Shalom crossing in southern Israel. The seven-month bombardment of Gaza has killed more than 34,600 people, according to the Gaza health ministry. Concerns are also heightened over an anticipated Israeli military operation in southern Gaza’s Rafah, prompting renewed calls for a ceasefire.

Persons: Adnan Al, Bursh, Israel, Marwan Abu Saada, ”, “ Dr, Adnan, ” Saada, “, –, Ismail Khadr Organizations: CNN, Shifa, Palestinian Prisoners ’ Society, ’ Affairs, Al, Awda, Israel Defense Forces, IDF, United Nations Locations: Gaza, Al, Gaza City, ”, Israel, Gaza’s Rafah

☆ Johnson & Johnson tops quarterly profit estimates as medical device sales jump
▼ + stars: | 2024-04-16 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019. Johnson & Johnson on Tuesday reported first-quarter adjusted earnings that topped Wall Street's expectations as sales in its medical devices business surged. The company reported $21.38 billion in total sales for the first three months of 2024, up more than 2% from the same quarter in 2023. The company now expects sales of $88 billion to $88.4 billion. Separately on Tuesday, J&J said it will increase its quarterly dividend to $1.24 per share, up 4.2% from $1.19 per share.

Persons: Johnson, J Organizations: Johnson, J's, Humana, UnitedHealth, Elevance, LSEG, & $ Locations: Irvine , California

☆ Healthcare deals are picking up as VCs finally reopen their wallets. Here's what they are betting on.
▼ + stars: | 2024-03-14 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

Investors aren't anticipating healthcare funding to surge to anything resembling 2021 levels this year, and fewer deals could mean shutdowns for many companies running low on cash. Multiple healthcare startups have announced raises this year at Series B and beyond. Investors said there's now a higher bar for which startups get venture funding compared to 2021, however. Exits and shutdowns aheadWhile a number of biotech startups have jumped into the public markets already this year, the IPO window for healthcare startups has remained firmly shut. Still, many investors are optimistic that a few healthcare startups will test the waters later this year.

Persons: Anargha Vardhana, There's, they're, Christina Farr, haven't, Richard Drury, Scott Barclay, Shiv Rao, Vardhana, there's, Farr, Sara Choi, Ritankar Das, Supriya Jain, Jain, Barclay Organizations: Business, Insight Partners, Investors, Entrepreneurs, Wing Venture Capital, Boston Consulting Locations: orthopedics

Washington CNN —President Joe Biden is fit for duty, his doctor reported Wednesday following the president’s annual physical, in what is expected to be the last update on Biden’s health before November’s election. Dr. Kevin O’Connor said in a memo there are “no new concerns” with the president’s health revealed by this year’s physical. The White House said earlier Wednesday that no cognitive test was administered as O’Connor did not find it necessary. The procedure was “successfully completed” at the White House by a team from Walter Reed, O’Connor said. Reports from the White House physician over the last several decades have consistently described the office-holder as fit to serve.

Persons: Joe Biden, Kevin O’Connor, ” O’Connor, Biden, ”, SSRS, Karine Jean, Pierre, “ doesn’t, Donald Trump, Jonathan Reiner, ” Reiner, that’s, O’Connor, “, Biden’s, ” Biden, Lou Gehrig’s, Robert Hur, I’ve, –, seething Biden, “ I’ve, NBC’s, Seth Meyers, ” Wednesday’s Walter Reed, Walter Reed, CNN’s Kevin Liptak, Mira Cheng Organizations: Washington CNN, O’Connor, “, State, CNN, Quinnipiac University, White, US Preventive Services, Force, Medical Unit, American Medical Association, National Institutes of Health, White House Locations: Beverly Hills , California, United States

☆ Gait speed is one of your vital signs, so make sure yours is OK
▼ + stars: | 2024-02-18 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +7 min

While everyone’s gait differs, you may develop an abnormal gait due to illness, injury, genetics, or issues with your legs or feet. What a gait analysis can uncover about your healthAssessing gait can predict gross motor delays in kids, fall risks in older adults and, when coupled with a cognition decline, the risk of dementia. “We’re looking at gait speed, cadence — the number of steps per minute — variability in gait speed and cadence, step length, the time both feet are spent on the ground, stance and more,” said Stephanie Wakeman, a physical therapist and OneStep’s director of clinical operations. But if you’re interested in a gait analysis to boost your athletic performance or prevent injury, you may have to pay out of pocket. “I would also love it if gait analysis was part of the recovery program for anybody who has knee, ankle or hip surgery,” Heiderscheit said.

Persons: Gait, ”, Bryan Heiderscheit, Achilles tendinopathy, ” Heiderscheit, “ It’s, Heiderscheit, “, Stephanie Wakeman, Wakeman, ” Wakeman, you’re, Melanie Radzicki McManus Organizations: CNN’s, CNN, American Medical, Association, University of Wisconsin, Badger, US Food and Drug Administration Locations: orthopedics, Madison

☆ Birkenstock gets Wall Street's top rating on capacity boost, expansion
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

Nov 6 (Reuters) - Wall Street brokerages largely initiated Birkenstock (BIRK.N) with their top ratings, pointing to a likely boost from the German luxury sandal maker's recent investments to increase capacity, expansion into newer styles and brand loyalty. Birkenstock's shares dropped to as low as $35.83 in the days after listing on Oct. 11 and has traded below the IPO price of $46 apiece. Citigroup was among the most bullish, with a price target of $52, a more than 26% jump from the last close. Telsey Advisory Group analysts said Birkenstock has further avenue to expand into footwear categories such as orthopedics and professional, outdoor and active, kids, home, and sneakers. Morgan Stanley assigned a price target of $41 and an "equal-weight" rating, saying most catalysts were already priced in.

Persons: Birkenstock's, Morgan, Goldman Sachs, Jefferies, Birkenstock, Bernard Arnault, Lorraine Hutchinson, Morgan Stanley, Hogan, Riley, Reshma Rockie George, Susan Mathew, Savyata Mishra, Amruta Khandekar, Maju Samuel, Sriraj Organizations: Arm Holdings, Citigroup, Telsey Advisory, U.S ., Global, Thomson Locations: U.S, French, Bengaluru

The logo of Johnson & Johnson is seen on a Brussels' office of the company in Diegem, Belgium September 21, 2023. J&J raised its annual profit forecast, helped by strong sales from its pharmaceutical business, and shares of the U.S. healthcare conglomerate were off about 1%. Excluding its consumer health unit, J&J now expects 2023 adjusted profit of $10.07 to $10.13 per share, up from its previous view of $10.00 to $10.10. Sales at J&J's medical device unit came in at $7.46 billion, shy of Wall Street estimates of $7.58 billion. J&J finalized the biggest shake-up in its 137-year history in August with the spinoff, but retained a 9.5% stake in its iconic consumer health business.

Persons: Johnson, Yves Herman, J, Vamil Divan, Joseph Wolk, Ozempic, Wolk, Bhanvi Satija, Sriparna Roy, Patrick Wingrove, Shounak Dasgupta, Bill Berkrot Organizations: Johnson, REUTERS, Guggenheim Partners, Vamil, Reuters Graphics, J, Thomson, &' $, & $, & $ Locations: Brussels, Diegem, Belgium, Bengaluru, New York

☆ This health care giant has 'unlocked potential' after a recent spinoff, RBC says
▼ + stars: | 2023-10-05 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Johnson & Johnson is a buy after the company's consumer business spinoff earlier this year, according to RBC Capital Markets. The firm initiated Johnson & Johnson with an outperform rating and $178 price target, which suggests shares can climb about 14.5% from Wednesday's close. This separation has "unlocked potential" for Johnson & Johnson going forward, analyst Shagun Singh said. Singh also said the company's pharma franchise is poised to deliver competitive growth and that its medtech division is on pace to achieve "top-tier growth and profitability." The analyst added that Johnson & Johnson is trading below its historical multiples despite its improved financial profile since its Kenvue spinoff and that the company has potential upside from further M & A activity.

Persons: Johnson, Shagun Singh, Singh, —, — CNBC's Michael Bloom Organizations: RBC Capital Markets, Johnson, Pharma, company's pharma Locations: Wednesday's

☆ Meta's VR technology is helping to train surgeons and treat patients, though costs remain a hurdle
▼ + stars: | 2023-09-09 | by ( Ashley Capoot | ) www.cnbc.com time to read: +14 min

David Paul Morris | Bloomberg | Getty ImagesJust days before assisting in his first major shoulder-replacement surgery last year, Dr. Jake Shine strapped on a virtual reality headset and got to work. Kettering Health Dayton is one of dozens of health systems in the U.S. working with emerging technologies like VR as one tool for helping doctors to train on and treat patients. Since the beginning of last year, Meta's Reality Labs unit, which develops the company's VR and AR, has lost over $21 billion. Meta Quest 3 VR headset. "The first virtual reality headset that I used was this big clunky headset that had all these wires it had to be connected to a laptop to function."

Persons: Mark Zuckerberg, David Paul Morris, Jake Shine, Shine, Zuckerberg, didn't, Jan Herzhoff, Brennan Spiegel, Spiegel, Caitlin Rawlins, Rawlins, there's, Brent Bamberger, Reem, she's, it's, Daboul, PrecisionOS, Danny Goel, Richard Miller, he's, Miller, They're, It's, Goel, Kettering's Bamberger, Rafael Grossmann, Grossmann, Glass, Hollie Adams Organizations: Bloomberg, Getty, Kettering Health Dayton, CNBC, Meta, VR, Facebook, Labs, Apple, Elsevier Health's, U.S . Department of Veterans Affairs, Spiegel, Software, Doctors, PrecisionOS, University of Rochester, Portsmouth Regional Hospital, Google, of Fine Locations: San Jose , California, U.S, Ohio, Sinai, Los Angeles, Cedars, New Hampshire, Mayfair , London

☆ Johnson & Johnson beats on earnings, hikes full-year guidance as medtech sales surge
▼ + stars: | 2023-07-20 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

Johnson & Johnson on Thursday reported second-quarter revenue and adjusted earnings that topped Wall Street's expectations, and lifted its full-year guidance as sales from the company's medtech business jumped. That compares with a net income of $4.8 billion, or $1.80 per share, for the same period a year ago. Excluding certain items, adjusted earnings per share were $2.80 for the period. J&J is now forecasting full-year sales of $98.80 billion to $99.80 billion, about $1 billion higher than the guidance provided in April. The company raised its 2023 adjusted earnings outlook to $10.70 to $10.80 per share, from a previous forecast of $10.60 to $10.70 per share.

Persons: Johnson Organizations: UnitedHealth, Elevance, Refinitiv

☆ J&J's strong quarter was amplified by new details around its big Kenvue consumer unit stake
▼ + stars: | 2023-07-20 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Johnson & Johnson (JNJ) reported strong second - quarter profit and revenue before the opening bell Thursday, with better-than-expected results both domestically and internationally, as well as across all major operating segments. It's possible that J & J management will offer up Kenvue shares at a discount to market value. Regardless, arbitrage isn't our game and we want to be invested in J & J for the long term. The only change — since J & J owns 89.6% of Kenvue — is that 10.4% of earnings generated since Kevnue went public in early May to the end of the quarter are no longer attributed to J & J. A Johnson & Johnson building is shown in Irvine, California.

Persons: Johnson, —, Kevnue, J, J's, prioritization, Jim Cramer's, Jim Cramer, Jim, Mike Blake Organizations: Dow, Pharmaceutical, Management, J's, Johnson, J, Consumer, Consumer Health, Pharmaceutical Pharmaceutical, CNBC, & $ Locations: Kenvue, JNJ, KVUE, Spravato, Irvine , California

☆ Stocks making the biggest moves premarket: Netflix, Tesla, United Airlines and more
▼ + stars: | 2023-07-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Netflix posted earnings of $3.29 a share on $8.19 billion in revenue. However, IBM reported earnings that topped analysts' estimates as the company expanded its gross margin. United Airlines — Shares rose 3% after United Airlines reported record quarterly earnings and said it expects a strong third quarter as travel demand surges. During the period, the company reported a rebound in customer deposits. The company reported earnings of 92 cents a share on $2.35 billion in revenue.

Persons: Refinitiv, it's, Johnson, Horton —, Horton, Blackstone, Blackstone — Blackstone, Morgan Stanley, Bud Light, —, Macheel, Alex Harring, Jesse Pound, Yun Li Organizations: Netflix, IBM, Vegas Sands, Refinitiv, Taiwan Semiconductor, Taiwan Semi, Revenue, Discover, Discover Financial, United Airlines, Bancorp, American Airlines —, Airlines, Blackstone —, Anheuser, Busch Locations: Los Angeles , California, Vegas, Taiwan

☆ The Moral Crisis of America’s Doctors
▼ + stars: | 2023-06-15 | by ( Eyal Press | ) www.nytimes.com time to read: +6 min

Dean’s essay caught my eye, too, because I spent much of the previous few years reporting on moral injury, interviewing workers in menial occupations whose jobs were ethically compromising. There are, of course, plenty of doctors who like what they do and feel no need to speak out. But more and more doctors are coming to believe that the pandemic merely worsened the strain on a health care system that was already failing because it prioritizes profits over patient care. They are noticing how the emphasis on the bottom line routinely puts them in moral binds, and young doctors in particular are contemplating how to resist. They’re the instruments of betrayal.”Not long ago, I spoke to an emergency physician, whom I’ll call A., about her experience.

Persons: roustabouts, I’d, “, Will, Ming Lin, Lin, Robert McNamara, ” Dean, Jonathan Shay, ”, couldn’t, she’d Organizations: St, Joseph Medical Center, Blackstone Group, Temple University Locations: Bellingham, Wash, Philadelphia, United States

☆ A top healthcare banker names the 4 industry sectors ripe for M&A
▼ + stars: | 2023-05-10 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +2 min

Pearson said that she expects to see more deals in women's health, orthopedics, cardiology, and kidney care, areas that remain largely unconsolidated today. She worked with Unified Women's Healthcare in its 2020 deal with Altas Partners and Ares Management. Last year, Unified Women's Healthcare acquired digital menopause provider platform Gennev. While some companies in these sectors are making deals to obtain more digital capabilities, others are investing internally in virtual capabilities. Kidney-care-focused companies U.S. Renal Care and DaVita are also investing in their virtual capabilities, she added.

☆ This SoftBank-backed startup just launched smart glasses that enable surgeons to virtually observe and advise on procedures across the world
▼ + stars: | 2023-03-13 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +6 min

The practicing surgeon is the founder of Proximie, an augmented reality startup that enables healthcare professionals to observe and advise on surgeries virtually. The wearable PxLens headset enables remote users to get a first-person view of surgeries or training procedures in 2D. Riddhi Kanetkar/InsiderThrough its 4K camera lens, the glasses enable surgeons and remote users to have a detailed view of the operating room. "It's almost as if you're standing over the shoulder of the surgeon in the operating room," said Hachach-Haram. "I see a world where every operating room in the world will be digital, and accessible to anyone."

☆ Johnson & Johnson deserves more credit for another healthy quarter and strong guidance
▼ + stars: | 2023-01-24 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Johnson & Johnson (JNJ) posted another solid quarter of healthy growth — and another productive year of free-cash-flow generation — despite a slight miss on sales. On an adjusted operational basis, which excludes the impact of acquisitions and divestitures and currency, sales rose 0.8%. But the new year has been tough on pharmaceutical stocks and almost all of health care, including JNJ stock, which is down 6% year to date. Johnson & Johnson forecasts adjusted EPS on an operational basis to grow 2.5% to 4.5%, which at a midpoint of $10.50 compares favorably to the consensus of $10.33. Its addition to the MedTech division is expected to help accelerate sales growth this year.

FILE PHOTO: The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, 2019. REUTERS/Brendan McDermid/File Photo(Reuters) - Johnson & Johnson will look for opportunities to merge with or acquire firms that add value to its focus areas of eye care, surgical robots, orthopedics and cardiovascular products, the company’s Chief Executive Officer Joaquin Duato said on Monday. The healthcare giant is in the process of spinning off its consumer healthcare business under the brand Kenvue to focus on its pharmaceutical and medical devices businesses. J&J last month completed its acquisition of heart pump maker Abiomed for $16.6 billion, which will operate as an independent division in its medical devices business. The company’s CEO expects J&J to continue growing towards its goal of $60 billion in pharmaceutical sales by 2025, and is confident of exceeding current Street expectations by the targeted year.

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