Pharma company Johnson & Johnson beats profit expectations

Last year, J&J split from its consumer health division, which makes Tylenol and Listerine, to focus on the higher-margin pharmaceutical and medical-device businesses

The company employs 6,000 people across five counties in Ireland including in Cork. 

Profits at pharmaceutical company Johnson & Johnson (J&J) for the period from April to June beat Wall Street projections on the back of strong sales while the company cut its full-year forecast to account for a spate of recent acquisitions.

J&J has a sizable presence in Ireland employing 6,000 people across five counties including Cork. Up until last month, the company’s Irish subsidiaries were operating under the Janssen brand.