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Johnson & Johnson Holds 2011 Annual Meeting of Shareholders
Date:4/28/2011

n 150 global markets from Merck.

Gorsky described the company's plans to meet the growing demand for healthcare in emerging markets like China and India, where an increasing number of people are suffering from chronic diseases like diabetes and osteoarthritis.

The company's Medical Devices & Diagnostics segment, for example, recently opened a new R&D Center in Suzhou, China, focused on developing products to meet the unique needs of the

"mass" segment of emerging markets, comprised of hundreds of millions of people who have long been underserved, but are now gaining some degree of healthcare coverage.

Gorsky further noted that the definitive merger agreement to acquire the orthopaedics company Synthes would also strengthen the company's ability to serve patients in emerging markets.

"We're very excited about what the next few years hold for us," Gorsky said, "as we seek to bring the promise of good health to as many people as possible."

Other Business

The company announced that its Board of Directors declared a 5.6% increase in the quarterly dividend rate, from $0.54 per share to $0.57 per share.  This marks the company's 49th consecutive year of dividend increases.

Shareholders voted on the election of directors; the selection of PricewaterhouseCoopers as the company's independent auditor; the company's executive officer compensation, or "say on pay" proposal; and three shareholder proposals recommending changes to various company policies. The results of several shareholder votes will be posted later today on www.jnjbtw.com.

About Johnson & Johnson

Caring for the world, one person at a time...inspires and unites the people of Johnson & Johnson (NYSE: JNJ). We embrace research and science – bringing innovative ideas, products and services to advance the health and well-being of people. Our approximately 115,000 empl
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