joined by john schwartz of "usa today," mikhail leff ram of fortune. as we get started here let's start with johnson & johnson itself. to merck it's the band-aid company. but it is a humongous medical company. >> johnson & johnson's 120,000 people nearly 120-year-old company that's focused on three major businesses pharmaceuticals, medical device and consumer products. >> so we are -- >> band-aids included. >> band aids included. so we are talking about the robots that are done in surgery. we are talking about innovation -- things that we would not necessarily think of. and that's where you're really involved is this innovation? >> yes. our interests in innovation really span the three business segments. we believe that outstanding science and product development can happen anywhere in the world and our attention to that is industrial global, 24/7. >> when you talk about medical devices, you obviously have some smaller ones that may be conducive or may be predecessors to wearables is that kind of the concept? >> well the -- >> why not? >> all body cavi