Johnson & Johnson

Johnson & Johnson (J&J) is a medical device, pharmaceutical, and consumer packaged goods multinational corporation established in 1886. Its common stock is a component of the Dow Jones Industrial Average, and it is placed 36th on the 2021 Fortune 500 list of the biggest companies in the United States by total revenue. Johnson & Johnson is one of the most valuable businesses in the world, and one of only two US-based companies with a prime credit rating of AAA, which is higher than the US government.

Johnson & Johnson's corporate headquarters are in New Brunswick, New Jersey, with the consumer business in Skillman, New Jersey. The corporation has approximately 250 subsidiary companies operating in 60 nations and selling products in over 175 countries. The consumer division of Johnson & Johnson is situated in Skillman, New Jersey, while the company's headquarters are in New Brunswick, New Jersey. The company has about 250 subsidiary businesses that operate in 60 countries and sell their goods in more than 175 nations. During the 2021 calendar year, Johnson & Johnson had $93.8 billion in global revenue.

The companies owned by Johnson & Johnson include many well-known prescription drugs and first aid products. The Band-Aid Brand brand of bandages, Tylenol medicines, Johnson's Baby products, Neutrogena skin and beauty products, Clean & Clear facial wash, and Acuvue contact lenses are just a few of its well-known consumer goods. Janssen Pharmaceuticals is the pharmaceutical division of Johnson & Johnson.

Three main business areas make up the company's operations: pharmaceuticals, medical technology, and consumer health. These three divisions each provided a certain percentage of the company's total revenues in 2020: 55%, 28%, and 17%. In November 2021, the company announced a split into two publicly traded companies, one focused on consumer goods and the other on pharmaceuticals and medical technologies.

Johnson & Johnson has established several positive goals to keep the business environmentally friendly, and it was rated third among the largest companies in the United States in Newsweek's "Green Rankings." Some examples include reduced water, waste, and energy consumption, as well as improved transparency. Johnson & Johnson decided to alter its packaging of plastic bottles used in the manufacturing process, switching to non-polyvinyl chloride containers for liquids. The corporation is collaborating with the Climate Northwest Initiative and the Environmental Protection Agency's National Environmental Performance Track initiative. Johnson & Johnson, a member of the National Green Power Partnership, runs the biggest solar power generator in Pennsylvania at its Fort Washington, Pennsylvania facility.

Founded: 1886

Headquarter: New Brunswick, NJ, USA

Website: https://www.jnj.com