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J&J Extends Delay In Returning Some OTCs To Market

This article was originally published in The Tan Sheet

Executive Summary

CFO Caruso says operating under a consent decree with “a third party in the manufacturing facilities with us” makes it “very difficult for us to predict exactly when products will return.” Some products will not return to stores until 2013, significantly later than the original goal to relaunch all recalled liquid OTCs before 2012.

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