Johnson & Johnson (J&J), founded in 1886, is one of the world’s largest and most renowned healthcare companies, headquartered in New Brunswick, New Jersey, USA. Known for its focus on pharmaceuticals, medical devices, and consumer health products, J&J has been at the forefront of medical innovation for over a century. With operations in over 60 countries and products sold in more than 175 countries, the company is committed to improving global health and well-being.
Johnson & Johnson has built its reputation on the quality and safety of its products, ranging from life-saving medications to consumer products like Band-Aid, Tylenol, and Johnson’s Baby. Its pharmaceutical division, Janssen, leads the way in research and development, targeting various therapeutic areas such as oncology, immunology, and cardiovascular diseases. Over the years, J&J has maintained a strong focus on innovation, developing new treatments and medical technologies that benefit millions worldwide.
CEO and Founder of Johnson & Johnson
Johnson & Johnson was founded by Robert Wood Johnson, along with his brothers James Wood Johnson and Edward Mead Johnson, in 1886. Their vision was to create ready-to-use surgical dressings to improve the safety and sanitation of medical treatments. The company quickly grew, expanding its product offerings to include sterile surgical supplies, pharmaceuticals, and consumer health products.
As of 2024, Joaquin Duato serves as the CEO of Johnson & Johnson. He assumed the role in January 2022, succeeding Alex Gorsky. Joaquin Duato has been with J&J for over three decades and played a pivotal role in advancing the company’s pharmaceutical arm, Janssen, to its current global stature. Under his leadership, J&J continues to lead the healthcare sector with a focus on innovation, patient care, and global health equity.
List of Top Companies Under Johnson & Johnson
Over the years, Johnson & Johnson has acquired several companies to expand its portfolio across the healthcare and medical technology sectors. Here is a list of top companies under the J&J umbrella, along with their approximate valuations:
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| Janssen Pharmaceuticals | 1961 (Acquired) | $45 Billion | Pharmaceuticals |
| Ethicon | 1949 (Acquired) | $20 Billion | Surgical Instruments/Medical Devices |
| DePuy Synthes | 1998 (Acquired) | $30 Billion | Orthopedics/Medical Devices |
| Neutrogena | 1994 (Acquired) | $6 Billion | Skin Care/Consumer Products |
| Aveeno | 1999 (Acquired) | $1.5 Billion | Skin Care/Personal Care |
| Actelion | 2017 (Acquired) | $30 Billion | Biotechnology/Pharmaceuticals |
| McNeil Consumer Healthcare | 1959 (Acquired) | $4 Billion | Over-the-Counter Medication |
| Mentor Worldwide | 2009 (Acquired) | $2 Billion | Medical Aesthetics |
| Cordis | 1996 (Acquired, sold in 2015, re-acquired in 2021) | $2 Billion | Cardiovascular Devices |
| Lifescan | 1986 (Acquired) | $2.1 Billion | Diabetes Management |
FAQs About Johnson & Johnson
Q1: When was Johnson & Johnson founded, and by whom?
A: Johnson & Johnson was founded in 1886 by Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson. The company was established to produce sterile surgical supplies, ensuring better hygiene in healthcare.
Q2: Who is the current CEO of Johnson & Johnson?
A: Joaquin Duato is the current CEO of Johnson & Johnson, having taken over in January 2022 from Alex Gorsky.
Q3: What are Johnson & Johnson's main business segments?
A: Johnson & Johnson operates in three major business segments: Pharmaceuticals (Janssen), Medical Devices (Ethicon, DePuy Synthes), and Consumer Health (Neutrogena, Band-Aid).
Q4: What is the valuation of Johnson & Johnson?
A: As of 2024, Johnson & Johnson has a market capitalization of over $450 billion, making it one of the most valuable healthcare companies in the world.
Q5: What are some notable products from Johnson & Johnson?
A: Some of J&J’s most well-known products include Band-Aid, Tylenol, Johnson’s Baby products, Neutrogena skincare, and Listerine.
Q6: How does Johnson & Johnson contribute to global healthcare?
A: J&J is a leader in global healthcare innovation, providing life-saving medications, medical devices, and consumer health products. The company also actively invests in research and development to address unmet medical needs worldwide.
