What to watch for as J&J gets ready to split into two separate companies next year

Johnson & Johnson is preparing next year to spin off its consumer health unit into a publicly traded company separate from its pharmaceutical and medical technology operations. Ahead of the split, Morgan Stanley put out a research note, highlighting some of the debates in the market over the move, which would result in a consumer brands company called Kenvue and a pharma company with the J & J moniker.

The company's approved and pending treatments for blood cancer and multiple myeloma are "underappreciated," Morgan Stanley said. The analysts added that the multiple myeloma market will grow to about $33 billion in 2030 — and by that time, J & J's therapies could take more than 80% of that market share.

Interesting...

will they both be called Johnson?

Is this to dodge the up and coming lawsuits?

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