Johnson & Johnson to spend big on tax cuts

Johnson & Johnson is promising to spend more on research in the healthcare sector after changes to the US tax system.

Johnson & Johnson is promising to spend more on research in the healthcare sector after changes to the US tax system.

But for now, the world’s biggest healthcare company — which employs more than 2,700 people across 11 sites in Ireland — isn’t providing many details on how it may use the extra money from lower tax rates.