Exhibit 99.2 Johnson & Johnson New Brunswick, NJ 08933 Contact Jeffrey J. Leebaw Media Relations (908) 524-3350 Michael J. Foley Investor Relations (908) 524-3922 FOR IMMEDIATE RELEASE Johnson & Johnson Announces That More than 94% of the Shares of Innotech, Inc. Have Been Accepted For Payment in its Tender Offer New Brunswick, NJ (March 18, 1997) -- Johnson & Johnson (NYSE:JNJ) announced today that its wholly-owned subsidiary, INO Acquisition Corp., has accepted for payment 8,422,121 shares of common stock, $0.001 par value, of Innotech, Inc. (NASDAQ:IIII) at $13.75 per share, pursuant to Johnson & Johnson's tender offer which expired at 12:00 midnight, New York City time, on March 17, 1997. As a result of the tender offer, INO Acquisition Corp. currently owns approximately 94% of the outstanding shares of Innotech, Inc.'s common stock, and Johnson & Johnson anticipates prompt consummation of a merger of INO Acquisition Corp. with and into Innotech, Inc., whereby Innotech, Inc. will become a direct wholly-owned subsidiary of Johnson & Johnson. Johnson & Johnson also owns 474,515 shares of Innotech, Inc. through another wholly-owned subsidiary.