Johnson & Johnson
Johnson & Johnson (J&J) is one of the world's largest and most diversified healthcare companies, operating in three main segments: pharmaceuticals, medical devices, and consumer health products. Founded in 1886, the company has a long history of developing and manufacturing a wide range of healthcare products that span from over-the-counter items to specialized medical technologies and prescription medications.
Here is a breakdown of J&J’s major segments:
Pharmaceuticals: This division includes J&J’s research, development, and manufacturing of prescription medicines. It focuses on therapeutic areas such as oncology, immunology, cardiovascular diseases, and infectious diseases. Some well-known drugs include Stelara, Remicade, and Imbruvica.
Medical Devices: Johnson & Johnson operates through various subsidiaries to provide a broad range of surgical, orthopedic, and neurosurgical devices. The company expanded its medical devices portfolio through acquisitions, including DePuy Synthes (orthopedics) and Codman (neurosurgery), though Codman’s neurosurgery line was sold to Integra LifeSciences in 2017.
Consumer Health Products: This segment is responsible for many household health and personal care products, including brands like Band-Aid, Tylenol, Listerine, Johnson's Baby, and Neutrogena.
J&J is known for its innovation in both pharmaceuticals and medical devices, as well as its global impact in the healthcare sector.