Johnson & Johnson Reveal Declining Medical Device Sales

New Jersey-based health-products company, Johnson & Johnson announced its fourth-quarter adjusted earnings, revealing that it topped Wall Street’s estimates. Still, the sales of its medical devices have declined since 2018. "We delivered strong underlying sales and earnings growth in 2019, driven by the strength of our Pharmaceutical business, accelerating performance in our Medical Devices business and improved profitability in our Consumer business," said Alex Gorsky, Chairman and Chief Executive Officer...