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.