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J&J’s Investment In Medical Device Businesses Is Starting To Pay Off

 
• By Reed Miller

Johnson & Johnson's medical device businesses grew 5.3% on an organic basis in the third quarter, led by the Biosense Webster electrophysiology business. The company is increasing R&D investment, especially in robotic surgery, to boost its surgery and orthopedics businesses.

JNJ
• Source: shutterstock.com

Johnson & Johnson’s medical device business recorded its best quarterly growth since 2015 in the third quarter of 2019, the company reported on 15 October.

Revenue growth in the third quarter accelerated. The company reported 3.2% year-over-year organic growth for its medical device businesses in the second quarter. (Also see "Johnson & Johnson Growth...

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