Johnson & Johnson

Summary

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide. The company's Consumer Health segment offers baby care products under the JOHNSON'S and AVEENO Baby brands; oral care products under the LISTERINE brand; skin health/beauty products under the AVEENO, CLEAN & CLEAR, DR. CI:LABO, NEUTROGENA, and OGX brands; TYLENOL acetaminophen products; SUDAFED cold, flu, and allergy products; BENADRYL and ZYRTEC allergy products; MOTRIN IB ibuprofen products; NICORETTE smoking cessation products; and PEPCID acid reflux products. It also offers STAYFREE and CAREFREE sanitary pads; o.b. tampons; adhesive bandages under the BAND-AID brand; and first aid products under the NEOSPORIN brand. It serves general public, retail outlets, and distributors. The company's Pharmaceutical segment offers products for rheumatoid arthritis, psoriatic arthritis, inflammatory bowel disease, and psoriasis; HIV/AIDS and COVID-19 infectious diseases; mood disorders, neurodegenerative disorders, and schizophrenia; prostate cancer, hematologic malignancies, lung cancer, and bladder cancer; thrombosis, diabetes and macular degeneration; and pulmonary arterial hypertension. This segment serves retailers, wholesalers, distributors, hospitals, and healthcare professionals directly for prescription use. Its MedTech segment provides electrophysiology products to treat cardiovascular diseases; neurovascular care products to treat hemorrhagic and ischemic stroke; orthopaedics products in support of hips, knees, trauma, spine, sports, and other; advanced and general surgery solutions that focus on breast aesthetics, ear, nose, and throat procedures; and disposable contact lenses and ophthalmic products related to cataract and laser refractive surgery under the ACUVUE brand. This segment serves wholesalers, hospitals, and retailers. The company was founded in 1886 and is based in New Brunswick, New Jersey.

Johnson & Johnson (J&J) is a multinational corporation hailing from the United States, specializing in pharmaceuticals and medical technologies. Its headquarters are situated in New Brunswick, New Jersey, and it's publicly traded on the New York Stock Exchange. The company's common stock is part of the Dow Jones Industrial Average, and it holds the 40th position on the 2023 Fortune 500 list, showcasing the largest corporations in the United States. Johnson & Johnson boasts a global workforce of around 130,000 employees, with Joaquin Duato currently serving as the chairman and chief executive officer.

Founded in 1886 by three brothers, Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson, the company initially focused on selling pre-packaged sterile surgical dressings. In 2023, Johnson & Johnson underwent a significant transformation, spinning off its consumer healthcare business group into a new publicly traded entity called Kenvue. The company's exclusive dedication now lies in the development and manufacture of pharmaceutical prescription drugs and medical device technologies. It stands as one of the world's most valuable firms and is among the select few U.S.-based companies with a coveted AAA credit rating.

Headquartered in New Brunswick, New Jersey, with its consumer division located in Skillman, New Jersey, Johnson & Johnson's vast corporate structure encompasses approximately 250 subsidiary companies operating in 60 countries, with products distributed in over 175 nations. In the calendar year 2021, the company achieved worldwide sales totaling $93.8 billion.

In November 2021, Johnson & Johnson made a strategic announcement of its intention to split into two publicly traded companies: one with a primary focus on consumer products and the other dedicated to pharmaceuticals and medical technologies.

Company mission

At Johnson & Johnson they believe good health is the foundation of vibrant lives, thriving communities and forward progress. For more than 135 years, their company mission has been to keep people well at every age and every stage of life. In the present day, as the world’s largest and most diversified healthcare products company, Johnson & Johnson is committed to improving access and affordability, creating healthier communities, and putting a healthy mind, body and environment within reach of everyone, everywhere.

There employees across the world are blending heart, science and ingenuity to profoundly change the trajectory of health for humanity.

One of their main company statements involves #HealthForAll which involves:

• Health Partner: a digital platform designed to help patients prepare physically, mentally and emotionally for surgery
• Targeting Unmet Medical Needs: cancer, infectious disease, serious mental illness, pulmonary hypertension...
• Thinking Locally and Globally: with programmes such as Born On Time (focused on preventing preterm birth) and NurseConnect (helps to build peer support and learning communities among nurses and midwives in South Africa)
• Accelerating Innovation as they believe that when people are healthy, entire communities thrive
• Putting Safety First: development of Yale University Open Data Access Project which enables scientists around the world to access data from clinical trials
• Raising the Bar on Research
• Tackling Healthcare Disparities: Genius Plaza (a multicultural education platform that educates children and their parents about healthy behaviours and nutrition)