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Johnson & Johnson Commits $100 Million Over Next 5 Years

Johnson & Johnson Commits $100 Million Over Next 5 Years

Tuesday, November 17, 2020

Johnson & Johnson announced Tuesday $100 million in commitments and collaborations over the next five years to invest in and promote health equity solutions for Black people and other communities of color in the United States.

In a news release, New Brunswick-based J&J said society has been significantly impacted by systemic racism, the COVID-19 pandemic and the economic decline throughout this year, which have all spotlighted health care inequities.

“There is an urgent need to take on the inequities rooted in systemic racism that threaten health in communities of color across the United States,” Chairman and CEO Alex Gorsky said. “That’s why Johnson & Johnson is focusing its efforts and committing $100 million to address racial and social injustice as the critical public health issue that it is.

“As the largest and most broadly-based health care company in the world, we are uniquely positioned to convene private, public and community organizations in pursuit of this shared aspiration — and work together to make a meaningful impact through science, business, public health and philanthropy.”

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