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INCRAFT™ AAA Stent-Graft System One-Year Follow-Up Data Presented At 2012 Veith Symposium

Most traditional EVAR stent grafts available in the US and Japan have a system profile ranging from 18 to 24 French. The INCRAFT™ System provides an integrated delivery system with a profile equivalent to that of a regular 13 French catheter sheath introducer.

Cordis developed INCRAFT™, which is currently being investigated in a US-Japan pivotal clinical study, INSPIRATION, with input from a multidisciplinary Physician Advisory Panel that includes Dr. Corey Teigen, Department of Interventional Radiology, Sanford Medical Center, Fargo, ND, Dr. Takao Ohki, M.D., Chairman of the Department of Surgery at Jikei University School of Medicine in Tokyo, and Dr. Robert Bersin, M.D., Medical Director, Endovascular Services, Swedish Medical Center, Seattle, WA. The INSPIRATION pivotal study is being led by principal investigators Dr. Ohki and Dr. Michel S. Makaroun, M.D., Professor and Chair of the Division of Vascular Surgery at the University Of Pittsburgh School Of Medicine.

The INCRAFT™ System is approved for investigational device use only and it not for sale anywhere in the world.

Drs. Bersin, Makaroun, Ohki, Scheinert and Teigen are compensated for their consulting services and/or as members of the company’s scientific advisory board.

About Cordis Corporation

Cordis Corporation, part of the Johnson & Johnson family of companies, is a worldwide leader in the development and manufacture of interventional vascular technology. Through the company's innovation, research and development, Cordis partners with interventional cardiologists worldwide to treat millions of patients who suffer from vascular disease. More information about Cordis Corporation can be found at www.cordis.com.

(This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Johnson & Johnson. Risks and uncertainties include, but are not limited to, general industry conditions and competition; economic factors, such as interest rate and currency exchange rate fluctuations; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approvals; challenges to patents; significant adverse litigation or government action; impact of business combinations; financial distress and bankruptcies experienced by significant customers and suppliers; changes to governmental laws and regulations and domestic and foreign health care reforms; trends toward health care cost containment; increased scrutiny of the health care industry by government agencies; changes in behavior and spending patterns of purchasers of health care products and services; financial instability of international economies and sovereign risk; disruptions due to natural disasters; manufacturing difficulties or delays; and product efficacy or safety concerns resulting in product recalls or regulatory action. A further list and description of these risks, uncertainties and other factors can be found in Exhibit 99 of Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 1, 2012. Copies of this Form 10-K, as well as subsequent filings, are available online at www.sec.gov, www.investor.jnj.com or on request from Johnson & Johnson. Johnson & Johnson does not undertake to update any forward-looking statements as a result of new information or future events or developments.)



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