Johnson & Johnson shares fall as sales growth slows

Shares in Johnson & Johnson, which employs 2,200 people at Irish sales facilities and plants, fell after the company reported disappointing pharmaceutical and consumer product sales.

J&J shares fell over 3.5% at one stage, in the biggest one-day percentage decline in more than eight years as the company said it expected a slower growth rate for pharmaceuticals this year.

Its manufacturing plants include Janssen Biologics, Janssen Pharmaceuticals, and DePuy Synthes in Cork, and Vistakon in Limerick.