Johnson & Johnson - Statistics & Facts

Founded in 1886 in New Brunswick, New Jersey, Johnson & Johnson is one of the largest pharmaceutical, medical device, and consumer packaged goods manufacturers in the world. In 2021, the company generated some 93.7 billion U.S. dollars of total revenue. As stated, the company is distributed into three distinct business segments: medical devices and diagnostics, pharmaceuticals and consumer packaged goods; the latter which generated a total of over 14 billion U.S. dollars of the company's global revenue in 2021.

Pharma segment becomes increasingly predominant

However, since 2014 the company's pharmaceutical segment became increasingly predominant. Currently, pharmaceuticals are responsible for arpund 56 percent of the company's total sales. The strongest therapeutic areas within Johnson & Johnson's pharmaceutical segment are immunology and oncology. Johnson & Johnson is also active in the field of infectious diseases and vaccines. As of February 2021, the company applied to the FDA (U.S. Food and Drug Administration) for an emergency use authorization for its COVID-19 vaccine. With this particular vaccine, there was a great level of excitement because it requires just one shot and does not need to be stored at ultra-cold temperatures.

Most valuable within big pharma

As of 2021, Johnson & Johnson continued to be top ranked among biotech and pharmaceutical companies in the world based on market capitalization. Johnson & Johnson is a diversified healthcare company with some 250 subsidiaries that own well-known brands such as Band-Aid, Neutrogena, Tylenol and Acuvue contact lenses. The company's employment saw a constant growth over the last two decades. In 2021, it reported the highest number of employees so far, reaching nearly 142 thousand.

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