Each week, we like to take a moment to boil down the biggest news from the most influential companies in the pharmaceuticals industry and tell our viewers what that news means for you. We call that segment our Big Pharma Roundup.

In this week's installment, Johnson & Johnson (NYSE: JNJ) saw its Fibrin Pad receive FDA approval recently. The pad stops bleeding by promoting blood clots and gives the company further exposure to the $3 billion wound-closure market. In this video, Motley Fool health-care analyst Brenton Flynn tells investors how the approval is going to affect them.

Brenton Flynn has no positions in the stocks mentioned above. The Motley Fool owns shares of Johnson & Johnson. Motley Fool newsletter services recommend Covidien and Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.