J

Johnson & Johnson

Makes prescription drugs and medical devices

Project Lead - Innovation & Partnerships, R&D Medtech

Full-TimePosted on 10/23/2026Deadline 11/6/26
$102k - $177.1k
Senior
Bachelor's, Master's, PhD
Raritan, NJ, USA+1 moreMore locations: Cincinnati, OH, USA
HybridHybrid schedule with 3 days per week on-site; travel approximately 10%.
Biology & BiotechBiomedical Engineering & Medical Devices

About the job

Requirements
  • A bachelor's degree in engineering is required.
  • Seven or more years of experience in medical device development, including experience with combination products or related fields, is required.
  • A proven record of direct association with or leading efforts to deliver technically complex products from concept to market is required.
  • Proficiency in project management principles, such as PMP or similar certification, and project management tools such as Smartsheet and Microsoft Project is required.
  • Willingness to travel approximately 10% is required.
Responsibilities
  • Lead one or more focused, cross-functional Johnson & Johnson MedTech teams to execute multiple parallel product development projects in partnership with Johnson & Johnson Innovative Medicine, following the criteria in performance agreements. Team scope includes market and business analysis, product design or acquisition, manufacturing process design, manufacturing pilots, and product market launch.
  • Meet performance agreement requirements for time to market, cost of goods, development costs, quality standards, and market size forecasts.
  • Lead external and inter-company collaboration projects from assessment and intake through execution, launch, and eventual transfer to life-cycle management.
  • Lead cross-functional development teams in executing project objectives according to a written, approved performance agreement.
  • Drive technical direction and decisions within cross-functional teams while balancing technical rigor with business needs.
  • Resolve technical challenges autonomously, make data-driven decisions, and escalate issues effectively when needed.
  • Influence and collaborate with internal and external stakeholders to gain alignment, resources, and support for project objectives.
  • Identify risks early and devise appropriate mitigation strategies, particularly in a regulated environment.
  • Ensure projects comply with regulatory requirements, including GMP, ISO, and MDD, and with Johnson & Johnson MedTech policies and procedures.
  • Convey complex technical information to non-technical stakeholders to ensure alignment on technical and strategic objectives.
  • Transfer products and manufacturing processes from the development team to operations and marketing organizations at project completion.
  • Capture and disseminate knowledge acquired during projects to improve product development processes and systems.
  • Develop and continuously refine comprehensive project plans, including detailed project schedules.
  • Establish and assign cross-functional and cross-company roles and responsibilities.
  • Communicate progress, opportunities, risks, and issues directly to management.
  • Continuously reevaluate projects to determine whether intake assumptions remain valid.
  • Foster teamwork within the team and between the team and other groups.
Desired Qualifications
  • Experience in medical manufacturing is desirable.

About the company

Johnson & Johnson develops prescription medicines and makes medical devices for hospitals, and unlike most big drugmakers, it runs both businesses under one roof. In 2015, its Darzalex became the first antibody drug approved for multiple myeloma, a blood cancer. Its medicines treat cancer, immune diseases such as psoriasis, and mental illnesses such as depression, and patented drugs bring in most of its sales. Its MedTech unit makes heart pumps, catheters that treat irregular heartbeats, surgical sutures, and Acuvue contact lenses. It was founded in 1886 to make sterile surgical dressings, is based in New Brunswick, New Jersey, and spun off its consumer brands, such as Tylenol and Band-Aid, as Kenvue in 2023.

Company Size

10,001+

Company Stage

IPO

Headquarters

New Brunswick, New Jersey

Founded

1886

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Simplify's Take

What believers are saying

  • Cancer drugs drive growth: oncology sales rose 17% to $7.4 billion in the June 2026 quarter, 29% of the total.
  • Stock grants have gained value: J&J shares rose 58% in the year to September 2026, versus 23% for Pfizer.
  • Students have a way in: J&J listed 1,897 open jobs in October 2026, including 201 internships, co-ops and early-career roles.

What critics are saying

  • Its key immune drug trails: AbbVie's Skyrizi outsold Tremfya $5.5 billion to $2.0 billion in the June 2026 quarter.
  • Orthopedics is leaving J&J: in September 2026, it was negotiating a $20 billion sale to buyout firm Apollo.
  • Baby powder suits remain costly: in July 2026, J&J agreed to pay $5.5 billion to end about 76,000 cancer claims.

What makes Johnson & Johnson unique

  • Its debt is rated safer than America's: S&P's top AAA rating goes to only two US companies, J&J and Microsoft.
  • Employees rank above shareholders: J&J's 1943 Credo lists duties to patients, then staff and communities, with stockholders last.
  • Its psoriasis pill is a first: Icotyde, approved March 2026, blocks an immune signal rivals target only by injection.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Remote Work Options
  • Performance Bonus

Growth & Insights and Company News

6 month growth

6%

1 year growth

-2%

2 year growth

-2%
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A Motley Fool comparison of Amgen and Johnson & Johnson (J&J) favours Amgen, mainly on price. Amgen's forward price-to-earnings ratio is 19.4x, against 24.1x for J&J. In 2025, Amgen's revenue rose about 10% to $36.7 billion, with net income of $7.7 billion. J&J's revenue grew 6% to $94.2 billion, with net income of $26.8 billion and free cash flow of $19.7 billion. Amgen carries far more debt: its debt-to-equity ratio is nearly 6.3x, against about 0.6x for J&J. Three wholesalers account for 77% of its gross revenues. Amgen also struck a deal with the US government that exempts it from pharmaceutical tariffs for three years in return for price cuts on two drugs. J&J expects revenue of $101 billion this fiscal year, and Amgen expects about $37.8 billion.

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Oct 23rd, 2026
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Johnson & Johnson (JNJ) earns a "buy" rating from 24/7 Wall St., with a 12-month price target of $288.66. That implies 11.48% upside from the $258.93 close on October 20. Growth is coming from pharma. Innovative Medicine sales rose 7.9% last quarter, while MedTech grew 2.5%. The analyst says the stock hinges on whether devices can close that gap. Third-quarter sales reached $25.4 billion. Adjusted earnings per share (EPS) were $2.59, but GAAP EPS fell to $0.09 after about $7 billion of charges, mostly tied to a proposed talc settlement and two deals. Management cut adjusted EPS guidance to $11.05 to $11.15. The bull case is $302.93, or 17% upside. Tremfya grew 68%, and management expects it to become a $10 billion-plus franchise.

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Johnson & Johnson and Amgen, two dividend stocks that have beaten the broader market this year, could suit investors bracing for a possible crash. J&J's latest quarter beat expectations, and it slightly raised its 2026 guidance. But its medtech unit is struggling, as demand for the Impella heart pump has fallen amid safety questions and a US Class 1 recall. Long-term, it has new drugs, a robotic surgery system approved in the US, and a proposed $5.5 billion talc settlement. It is a Dividend King with 64 straight years of payout increases. Amgen's second-quarter revenue rose 10% to $10.1 billion, despite pressure on Tavneos and falling denosumab sales. It has raised payouts 152% over a decade and offers a 2.3% forward yield, against 1.1% for the S&P 500.