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Johnson & Johnson reportedly wants to sell Cerenovus for 1B

February 18, 2025
According to recent reports, Johnson & Johnson is considering selling its Cerenovus stroke business for 1 billion dollars. The company is said to be exploring options to divest this division as part of its ongoing restructuring efforts. Cerenovus, which focuses on developing innovative stroke care solutions, has not performed as well as expected in recent years. This potential sale aims to allow Johnson & Johnson to streamline its operations and focus on more profitable areas of the healthcare sector. Industry experts believe that a sale of this magnitude could attract significant interest from potential buyers looking to expand their presence in the stroke care market. Investors are advised to consult professionals from Stocks Prognosis for a forecast on the future movement of Johnson & Johnson's stocks.
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