- Business
- Johnson & Johnson (NYSE: JNJ; Xetra: JNJ.DE) operates as a global healthcare company focused on pharmaceuticals and medical technologies through its Innovative Medicine and MedTech segments; Innovative Medicine develops and commercializes prescription medicines addressing oncology (including solid tumors such as lung, prostate, and bladder cancers as well as hematologic malignancies; brands such as Darzalex and Imbruvica), immunology (rheumatoid arthritis, inflammatory bowel disease, psoriasis; brands such as Stelara and Tremfya), neuroscience (mood disorders, schizophrenia, neurodegenerative conditions), cardiopulmonary (thrombosis, pulmonary arterial hypertension), and specialty ophthalmology; MedTech provides interventional cardiology and electrophysiology devices, orthopaedics implants and systems (joint reconstruction, trauma, extremities, craniomaxillofacial, spinal surgery, sports medicine; including VELYS digital surgery portfolio), surgery products, and vision care solutions.
The company maintains manufacturing facilities and R&D operations worldwide, targeting patients, healthcare providers, and institutions across more than 100 countries.
Founded in 1886 by brothers Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson, Johnson & Johnson maintains its world headquarters in New Brunswick, New Jersey.
In recent developments, Johnson & Johnson completed the spin-off of its consumer health business as Kenvue Inc. in 2023, allowing concentration on Innovative Medicine and MedTech; the company announced over $55 billion in U.S. investments through 2029 for advanced manufacturing facilities (including a new biologics plant in Wilson, North Carolina), R&D in oncology, neuroscience, immunology, cardiovascular disease, and robotic surgery, and technology enhancements, representing a 25% increase from prior levels; key 2024-2025 acquisitions include Shockwave Medical ($13.1 billion) for cardiovascular intravascular lithotripsy, Intra-Cellular Therapies ($15 billion) for neuroscience, Halda Therapeutics ($3.05 billion) for novel cancer therapies, Proteologix ($850 million) for immunology, and Ambrx ($2 billion) for bioconjugates, with ongoing talks for Protagonist Therapeutics to expand oncology and immunology portfolios.