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                                                                    Exhibit 23.5


                        CONSENT OF CHASE SECURITIES INC.



     We hereby consent to the use of our opinion letter dated March 26, 2001 to
the Board of Directors of ALZA Corporation (the "Company") included as Annex 3
to the proxy statement/prospectus which forms a part of the Registration
Statement on Form S-4 of Johnson & Johnson relating to the proposed merger of
the Company and a subsidiary of Johnson & Johnson, and the references to such
opinion in such proxy statement/prospectus. In giving such consent, we do not
admit that we come within the category of persons whose consent is required
under Section 7 of the Securities Act of 1933, as amended, or the rules and
regulations of the Securities and Exchange Commission thereunder, nor do we
hereby admit that we are experts with respect to any part of such Registration
Statement within the meaning of the term "experts" as used in the Securities
Act of 1933, as amended, or the rules and regulations of the Securities and
Exchange Commission thereunder.



                                   CHASE SECURITIES INC.




                                   By:  /s/ Rachna Khosla
                                        -------------------------------
                                        Name: Rachna Khosla
                                        Title: Vice President



April 23, 2001