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Sat 08 Aug 2008Janssen move keeps financial affairs private
THE STATE'S largest pharmaceutical company, Janssen Pharmaceutical, which paid dividends of almost €7 billion to US parent corporation Johnson Johnson over a five-year period, has moved to keep its financial affairs private.
Janssen re-registered as an unlimited company last month,meaning it will no longer have to file annual accounts at the Companies Registration Office (CRO) in Dublin and can shield its financial performance from public view.
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