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Johnson & Johnson

Johnson & Johnson

Sector: Pharmaceutical Preparations Region: NJ, United States


: | Mexican Stock Exchange: JNJ | New York Stock Exchange: JNJ | XETRA: JNJ


Similar to: United-Guardian, Inc., Hutchison China MediTech Ltd., Recordati SpA

Johnson & Johnson operates as an investment holding company with interests in health care products. It engages in research and development, manufacture and sale of personal care hygienic products, pharmaceuticals and surgical equipments. The company, through its subsidiaries operates in three business segments: Consumer, Pharmaceutical and Medical Devices and Diagnostics. The Consumer segment includes a range of products used in the baby care, skin care, oral care, wound care and women's health care fields, as well as nutritional and over-the-counter pharmaceutical products, and wellness and prevention platforms. The baby care franchise includes the JOHNSON'S Baby line of products. Major brands in the skin care franchise include the AVEENO; CLEAN & CLEAR; JOHNSON'S Adult; NEUTROGENA; RoC; LUBRIDERM; DABAO; and VENDÔME product lines. Brands in the oral care franchise include the LISTERINE and REMBRANDT oral care lines, as well as REACH interdental products. The wound care franchise includes BAND-AID brand adhesive bandages and NEOSPORIN First Aid products. Major brands in the women's health franchise are CAREFREE pantiliners; o.b. tampons and STAYFREE sanitary protection products. The principal nutritional line is SPLENDA No Calorie Sweetener. Over-the-counter medicines include the broad family of TYLENOL acetaminophen products; SUDAFED cold, flu and allergy products; ZYRTEC allergy products; MOTRIN IB ibuprofen products; and PEPCID AC Acid Controller. The Pharmaceutical segment includes products in the anti-infective, antipsychotic, contraceptive, gastrointestinal, hematology, immunology, infectious diseases, neurology, oncology, pain management, thrombosis and vaccines areas. The products in this segment include REMICADE (infliximab), a treatment for a number of immune-mediated inflammatory diseases; STELARA (ustekinumab), a treatment for adults with moderate to severe plaque psoriasis; SIMPONI (golimumab), a treatment for adults with moderate to severe rheumatoid arthritis, active psoriatic arthritis, and active ankylosing spondylitis; VELCADE (bortezomib), a treatment for multiple myeloma; ZYTIGA (abiraterone acetate), a treatment for metastatic castration-resistant prostate cancer; PREZISTA (darunavir), INTELENCE (etravirine) and EDURANT (rilpivirine), treatments for HIV/AIDS; INCIVO (telaprevir), for the treatment of hepatitis C; NUCYNTA ER (tapentadol) extended release tablets, a treatment for moderate to severe chronic pain in adults and neuropathic pain associated with diabetic peripheral neuropathy in adults; INVEGA SUSTENNA (paliperidone palmitate), for the acute and maintenance treatment of schizophrenia in adults; INVEGA (paliperidone) extended-release tablets, for the treatment of schizophrenia and schizoaffective disorder; RISPERDAL CONSTA (risperidone), a treatment for the management of Bipolar I Disorder and schizophrenia; XARELTO (rivaroxaban), an oral anticoagulant for the prevention of thrombosis following total hip or knee replacement surgery, for the prevention of stroke in patients with atrial fibrillation, for the treatment of pulmonary embolism (PE) or deep vein thrombosis (DVT) or to reduce the risk of recurrence of DVT or PE following an initial six months of treatment for acute venous thromboembolism; PROCRIT (epoetin alfa, sold as EPREX), to stimulate red blood cell production; LEVAQUIN (levofloxacin) for the treatment of bacterial infections; CONCERTA (methylphenidate HCl) extended-release tablets CII, a treatment for attention deficit hyperactivity disorder; ACIPHEX/PARIET, a proton pump inhibitor; and DURAGESIC/ (fentanyl transdermal system) CII, sold as DUROGESIC, a treatment for chronic pain that offers a novel delivery system. The Medical Devices and Diagnostics segment produces a range of products used primarily by health care professionals in the fields of cardiovascular disease; orthopaedic and neurological; blood glucose monitoring and insulin delivery; general surgery; biosurgical, and energy; professional diagnostic; infection prevention products; and disposable contact lenses. Johnson & Johnson was founded by Robert Wood Johnson I, James Wood Johnson and Edward Mead Johnson Sr. in 1886 and is headquartered in New Brunswick, NJ.

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Executives

William C. Weldon, Chairman
Mr. Weldon joined Johnson & Johnson in 1971 in the sales and marketing department of its McNeil Pharmaceutical subsidiary. In 1982, he was named Manager, ICOM Regional Development Center in Southeast Asia. Mr. Weldon was appointed Executive Vice President and Managing Director of Korea McNeil, Ltd. in 1984, and Managing Director of Ortho-Cilag Pharmaceutical, Ltd. in the U.K. in 1986. In 1989, he was named Vice President of Sales and Marketing at Janssen Pharmaceutica Inc. (U.S.), and in 1992, was appointed President of Ethicon Endo-Surgery, Inc. In 1995, Mr. Weldon was named a Company Group Chairman of Johnson & Johnson and Worldwide Franchise Chairman of Ethicon Endo-Surgery. Mr. Weldon was appointed to the Executive Committee and named Worldwide Chairman, Pharmaceutical Group in 1998, and in February 2001 was appointed as Vice Chairman of the Board of Directors. In April 2002, he was appointed Chairman of the Board of Directors, Chief Executive Officer and Chairman of the Executive Committee. As of April 26, 2012, Mr. Weldon became Chairman of the Board of Directors. Among his outside activities, Mr. Weldon is a member of the Board of Directors of J.P. Morgan Chase & Co. He also serves on the CEO Roundtable on Cancer, and is a member of The Business Council, The Business Roundtable, the Executive Committee of the Health Leadership Council, and The Sullivan Alliance to Transform America's Health Profession. In addition, Mr. Weldon serves on the Liberty Science Center Chairman's Advisory Council and as a member of the Board of Trustees for Quinnipiac University. Mr. Weldon is a graduate of Quinnipiac University.
Alex Gorsky, Chief Executive Officer
Mr. Gorsky began his Johnson & Johnson career as a sales representative with Janssen Pharmaceutica Inc. in 1988. Over the next 15 years, he advanced through positions of increasing responsibility in sales, marketing, and management. In 2001, Mr. Gorsky was appointed President of Janssen Pharmaceutical Inc., and in 2003, he was named Company Group Chairman of Johnson & Johnson's pharmaceuticals business in Europe, the Middle East and Africa. Mr. Gorsky left Johnson & Johnson in 2004 to join the Novartis Pharmaceuticals Corporation, where he served as head of the company's pharmaceuticals business in North America. Mr. Gorsky returned to Johnson & Johnson in 2008 as Company Group Chairman for Ethicon. In early 2009, he was appointed Worldwide Chairman of the Surgical Care Group and member of the Executive Committee. In September 2009, he was appointed Worldwide Chairman of the Medical Devices and Diagnostics Group. Mr. Gorsky became Vice Chairman of the Executive Committee in January 2011. On April 26, 2012, he assumed his current position. Mr. Gorsky represents Johnson & Johnson on the board of AdvaMed, the U.S. trade association for the medical device and diagnostics industry. A longtime advocate of diversity and inclusion, Mr. Gorsky was named the 2009 Mentor of the Year by the Healthcare Businesswomen's Association, an organization he has been involved with for many years. He is the Executive Sponsor of two Johnson & Johnson affinity groups, the Women's Leadership Initiative and the Veteran's Leadership Council. Mr. Gorsky holds a Bachelor of Science degree from the U.S. Military Academy at West Point, NY, and spent six years in the U.S. Army, finishing his military career with the rank of Captain. Mr. Gorsky earned a Master of Business Administration degree from The Wharton School of the University of Pennsylvania in 1996.
Dominic J. Caruso, Chief Financial Officer
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