Johnson & Johnsonreason 02 of 4it makes it for less than anyone else canderived 2026-09-11accession 0000200406-26-000153
Innovative Medicine segment income before tax as a percent of sales in the fiscal second quarter of 2026 was 38.1% versus 36.5% for the same period a year ago
In the fiscal second quarter of 2026, the Company initiated a supply chain restructuring program primarily in the Innovative Medicine segment to exit certain manufacturing locations as part of its optimization efforts to streamline operations
The program is expected to be substantially complete by the end of 2029 with estimated costs between $650 million and $750 million
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the claims it rests on
“Innovative Medicine segment income before tax as a percent of sales in the fiscal second quarter of 2026 was 38.1% versus 36.5% for the same period a year ago”
“In the fiscal second quarter of 2026, the Company initiated a supply chain restructuring program primarily in the Innovative Medicine segment to exit certain manufacturing locations as part of its optimization efforts to streamline operations”
“The program is expected to be substantially complete by the end of 2029 with estimated costs between $650 million and $750 million”