Johnson & Johnson shifts acquisitions into consumer division

NEW BRUNSWICK, N.J. Johnson & Johnson has decided to fold a pair of acquisitions made in November, HealthMedia and Human Performance Institute, into its existing consumer division as opposed to creating a separate “wellness” division, The Wall Street Journal reported Wednesday.

Both companies work to improve employee productivity or lifestyle health habits.

Earlier last year, J&J CEO William Weldon had suggested a wellness division might grow into a $20 billion annual business for the company.