What Does Johnson & Johnson Offer?
Johnson & Johnson is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. The company (also called J&J) and its subsidiaries are engaged in the research and development, manufacture and sale of a range of products in the health care field. It has more than 250 operating companies conducting businesses worldwide.
Who Pays?
Chain stores (Walgreens, CVS, Rite-Aid, Walmart), clinics, long term care facilities, health maintenance organizations, federal facilities, non-federal institutions, mail order pharmacies, and retail stores.
What Are The Alternatives?
Within pharmaceuticals, other alternatives are Bristol-Myers Squibb, Roche, Pfizer, Merck, Abbvie, GlaxoSmithKline, and Teva, among others. Outside of pharmaceuticals, other alternatives are acupuncture, aromatherapy, ayurvedic medicine, chiropractic care, homeopathy, and nutritional counseling, among others. In Medical Devices, Johnson & Johnson competes with Boston Scientific, Medtronic, Abbott Labs, and Intuitive Surgical.
Has 3 Operating Segments:
Pharmaceuticals : The company discovers, develops, and sells pharmaceutical products globally. Its drugs are used for the treatment of various types of diseases, including cancer, heart-related, and infectious, among others. The company's pharmaceuticals portfolio can be divided into 6 categories, primarily on the basis of therapeutic areas: 1) Cardiovascular, 2) Oncology, 3) Anti-Infectious, 4) Immunology, 5) Neuroscience, and 6) Pulmonary.
Medical Devices : Johnson & Johnson sells medical devices for Orthopaedics, Surgery, Interventional Solutions, and Vision Care. These medical devices are used primarily by various healthcare institutions in several countries.
Consumer Healthcare : The company's consumer products business includes its beauty products, baby care, and OTC among others.