Johnson & Johnson Stock Price Falling Continuously

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Johnson and Johnson
Johnson and Johnson

Johnson & Johnson is an American multinational company that produces and develops pharmaceutical, packaged consumer goods and medical devices. Johnson & Johnson was founded in 1886. It’s ranked No. 37 on the 2018 Fortune 500 list and it is also the largest United States corporation by total revenue. Johnson & Johnson is one of the world’s most valuable companies.

Johnson and Johnson Products
Johnson and Johnson Products

The headquarter od Johnson & Johnson is in New Brunswick, New Jersey. J&J handles over 250 subsidiaries companies and these operate in 60 countries and its products sell over 175 countries. According to the calendar year 2015, Johnson & Johnson had US$70.1 billion worldwide sells. Johnson & Johnson has a high brand value and its medications and first aid supplies are worldwide famous.

Johnson and Johnson Stock Price Latest
Johnson and Johnson Stock Price Latest

The most well-known consumer products of J&J are the Band-Aid Brand line of bandages, Tylenol medications, Clean & Clear facial wash, Johnson’s Baby products, Neutrogena skin and beauty products, and Acuvue contact lenses.

The List of Johnson & Johnson Family Companies

Consumer Healthcare:

  • Baby Care
  • Skin & Hair Care
  • Wound Care and Topicals
  • Oral Health Care
  • Women’s Health
  • McNeil Consumer Healthcare
  • Over-The-Counter Medicines
  • Nutritionals

Medical Devices:            

  • Biosense Webster
  • DePuy Synthes
  • Ethicon, Inc.
  • Janssen Diagnostics BVBA
  • Johnson & Johnson Vision Care, Inc.
  • Mentor
  • Bariatric Surgery for Obesity (Ethicon)
  • Cardiovascular Disease (Biosense Webster, Inc.)
  • Diabetes Care (LifeScan, Animas Corporation)
  • Ear, Nose, and Throat Conditions (Acclarent)
  • General Surgery (Ethicon, Codman Neuro)
  • Hernia Surgery (Ethicon)
  • Insulin Delivery Devices (Animas)
  • Neurovascular Disease (Codman Neuro, DePuy Synthes)
  • Orthopedics (DePuy Synthes)
  • Joint Reconstruction, Trauma, Spine, Sports Medicine and Power Tools
  • Surgical Instruments and Infection Prevention (Advanced Sterilization Products)
  • Urologic Surgery (Ethicon)
  • Vision Care (VISTAKON)

Pharmaceuticals: 

  • Janssen
  • Janssen R&D LLC
  • Janssen Healthcare Innovation
  • Janssen Pharmaceuticals Inc
  • Janssen Diagnostics
  • Janssen Therapeutics
  • Janssen Scientific Affairs
  • McNeil-PPC, Inc

According to the October 2010 report, J&J gained Crucell for $2.4 billion and it will operate as the center for vaccines as the wider Johnson & Johnson pharmaceuticals group. In November 2015, Biosense Webster, Inc. announced Coherex, Medical Inc. enlarge the companies range of treatment options for patients with atrial fibrillation. In March 2018, Johnson & Johnson revealed LifeScan, Inc. which will be sold off to Platinum Equity for around $2.1 billion.

In September of the same year, J&J Medical GmbH revealed Emerging Implant Technologies GmbH and manufacturer of 3D-printed titanium interbody implants for spinal fusion surgery.

Johnson and Johnson Stock
Johnson and Johnson Latest Financial Statement (According to Johnson and Johnson stock)

In September 2018 the total market capitalization of Johnson & Johnson was valued at over US$367.5 billion. The annual revenue of Johnson & Johnson is US$81.6 billion.

In July 2018 Johnson & Johnson’s head of pharmaceuticals Joaquin Duato became the vice-chairman of the executive committee of the company.

The Previous and Current Chairmen of Johnson & Johnson

  • Robert Wood Johnson I (1887–1910)
  • James Wood Johnson (1910–1932)
  • Robert Wood Johnson II (1932–1963)
  • Philip B. Hofmann (1963–1973)
  • Richard B. Sellars (1973–1976)
  • James E. Burke (1976–1989)
  • Ralph S. Larsen (1989–2002)
  • William C. Weldon (2002–2012)
  • Alex Gorsky (2012–present)

 

Johnson and Johnson CEO Alex Gorsky
Johnson and Johnson CEO Alex Gorsky

Johnson & Johnson also has some interesting positive goals to keep the company’s environment-friendly and create a positive vibe in the workplace. In Newsweek’s Green Rankings Johnson & Johnson was ranked 3rd among the United States’ largest companies. J&J also consent to change its packaging of plastic bottles used in the manufacturing process that will switch their packaging of liquids to non-polyvinyl chloride containers.

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