Posted AT 10:25 AM EST on 15/04/08
Johnson & Johnson profit jumps 40%
NEW BRUNSWICK, N.J. — Health products maker Johnson & Johnson reported a 40 per cent jump Tuesday in its first-quarter profit, due to higher sales of consumer products, favourable exchange rates and a research charge a year ago.
The New Brunswick, N.J.-based maker of contraceptives, medical devices, baby care items and prescription drugs reported net income of $3.6-billion (U.S.), or $1.
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