Johnson & Johnson

Johnson & Johnson

Company type	Public
Industry	Pharmaceutical, Medical device, Consumer packaged goods
Founded	1886
Founders	Robert Wood Johnson I, James Wood Johnson, Edward Mead Johnson
Area served	Worldwide
Key people	Alex Gorsky (Chairman & CEO)
Products	Band-Aid, Tylenol, Johnson's Baby Products, Neutrogena, Acuvue

Johnson & Johnson is an American multinational corporation founded in 1886 by three brothers: Robert Wood Johnson I, James Wood Johnson, and Edward Mead Johnson. The company is headquartered in New Brunswick, New Jersey, and its operations are divided into three major sectors: Pharmaceuticals, Medical Devices, and Consumer Health.

History

Johnson & Johnson was established in 1886 when the Johnson brothers began producing dressings in New Brunswick, New Jersey. The company quickly grew to become a leader in the healthcare field, introducing products such as the first commercial first aid kits. The company's commitment to healthcare innovation continued throughout the 20th and into the 21st century with the development of new drugs, medical devices, and consumer products.

Business Segments

Pharmaceuticals

The Pharmaceutical segment of Johnson & Johnson is responsible for the development, production, and marketing of medications used in various medical fields such as immunology, oncology, neurology, and infectious diseases. Notable products include Remicade, a biologic approved for the treatment of several autoimmune diseases, and Stelara, used for treating psoriasis.

Medical Devices

The Medical Devices sector focuses on products used in the orthopedic, surgery, cardiovascular, diabetes care, and vision care fields. This includes innovative products like the DePuy Synthes line of orthopedic devices and the Acuvue range of contact lenses.

Consumer Health

The Consumer Health segment produces a wide range of products used in baby care, skin care, oral care, wound care, and women’s health. Well-known brands under this segment include Band-Aid, Tylenol, Johnson's Baby Products, and Neutrogena.

Corporate Governance

Johnson & Johnson has been led by a series of CEOs who have overseen the company's growth and strategic direction. The company's governance structure includes a board of directors responsible for making major corporate decisions.

Controversies

Johnson & Johnson has faced various controversies, including lawsuits related to the safety of some of its products. Notably, the company has been involved in litigation concerning allegations of asbestos contamination in its talcum powder products and issues related to the opioid crisis.

Social Responsibility

The company has a strong commitment to corporate social responsibility, with initiatives focusing on global health, diversity and inclusion, and environmental sustainability.

See Also

• List of pharmaceutical companies
• History of medicine
• Economic impact of the COVID-19 pandemic on the pharmaceutical industry