Ortho Clinical Diagnostics (Ortho), a business unit of Johnson & Johnson India, is being hived off into a separate company, as part of a global restructuring. Ortho, which manufactures clinical diagnostics for laboratories and blood banks, was acquired from J&J by the Carlyle group in a $6 billion deal globally in June 2014. The turnover of Ortho Clinical Diagnostics is estimated to be around Rs 220 crore.

(Times of India)