Johnson & Johnson and Sanofi (France) Have Secret Deal on Pieces of McNeil-PPC, Inc.

Drugmakers Johnson & Johnson and Sanofi have a pending deal involving an element of J&J’s consumer products subsidiary, McNeil PPC Inc., according to a posting on the Federal Trade Commission web site. But the deal will not include selling the McNeil Consumer Healthcare facility in Fort Washington, Montgomery County, according to McNeil spokeswoman Barbara Montresor. McNeil PPC has several units, including McNeil Consumer Healthcare, and products such as Band Aids, Tylenol and Listerine.