In: Economics
Research Johnson & Johnson (JN) traded on the New York Stock Exchange. Detail the history, products, stories, facts, and Company profile in a four-page paper APA style.
Set up over 125 years ago in the year 1886, however, subsequent to two major acquisitions, it well ahead of developed its substantial manifestation in the pharmaceutical industry. Set up by three brothers Johnson & Johnson carry on to keep progressing namely. Afterwards hearing a speech by antiseptic promoter Joseph Lister, in 1885 it's believed that the Johnson brothers were motivated to start the commerce so as to produce a line of ready-to-use surgical dressings while Robert Wood Johnson served as the first president. The company which was incorporated in 1887 and all the way through the nineteenth century, Robert worked to develop sanitation practices. J&J established the first commercial first aid kits, which were first designed to aid railroad workers, however soon it became the typical practice in treating injuries. By the unveiling of maternity kits, J&J's heritage baby commerce began in 1894, having the goal of making childbirth safer for the mother as well as babies. It was during this year Johnson's Baby Powder too went on sale while being exceptionally fruitful. Mary Lea, Robert Wood's granddaughter was the first baby to be used on the label baby powder. J&J facilitated a massive phase frontward for women's health at the time it manufactured the first mass-produced sanitary safety products between 1896 and 1897. Ethicon one of J&J's holdings is a producer of surgical sutures as well wound closure devices. In 1949 it was incorporated as a detached company in order to magnify and diversify the J&J product line. Subsequent to the World War II, Ethicon's market shares in surgical sutures rose from normal 15% to peak high 70% globally.
J&J attained McNeil Laboratories in the US as well as Cilag
Chemie, AG in Europe in 1959 while as in 1961 Belgium's Janssen
Pharmaceutica N.V. amalgamated into the J&J Family of
Companies.
The two acquisitions of McNeil and Cilag Chemie for the first time
allowed the company to advance a noteworthy existence in the field
of pharmaceutical medicines. Aspirin-free pain reliever, Tylenol
elixir which is used for children is one of the first medicines of
McNeil product. According to the company's history under J&J's
acquisition.
Janssen is one of the world's foremost research-based pharma
companies in addition to markets prescription medicines in the
areas of gastroenterology, mental health, neurology, HIV / AIDS and
women's health etc. During the tenure of James E. Burke, J&J
moved into the areas of vision care, diabetes management and
mechanical wound closure and it was during this time J&J
started its first operating companies in China and Egypt.
Ethicon's Endo-Surgery leads the way minimally invasive surgery in the course of the 1990s, which uses very small incisions while it aids patients to make progress faster than with customary surgery. The first coronary stent was produced by J&J in 1994 and was called the Palmaz-Schatz stent, which modernized cardiology as coronary stents keep vessels open so that blood can flow to the heart. Till now the J&J Corporation comprises of over 250 subsidiary companies, while it having its operations in over 57 countries in addition to products sold in over 175 countries around the world. Despite the fact that the company focuses on three main areas like Medical devices, diagnostics and Pharmaceuticals. The J&J Consumer segment has a variety of products which are used in the baby care, over-the-counter pharmaceutical, oral care, skin care, women's health as well as wound care markets. The baby care class consist of JOHNSON'S line of products. The oral care class is made up of the LISTERINE product line. It also has products in the beauty category which consist of the AVEENO, DABAO, JOHNSON'S Adult, LE PETITE MARSEILLAIS, NEUTROGENA, CLEAN & CLEAR, RoC and OGX product lines. The J&J Pharmaceutical segment which is dedicated on five therapeutic areas, comprising immunology like rheumatoid arthritis, inflammatory bowel disease, psoriasis and pulmonary diseases, infectious diseases as well as vaccines for human immunodeficiency virus , hepatitis, respiratory infections, tuberculosis as well as vaccines for neuroscience like Alzheimer's disease, mood disorders and schizophrenia, oncology (prostate cancer, hematologic malignancies, lung cancer), and cardiovascular and metabolic diseases like thrombosis and diabetes. The Pharmaceutical section of J&J has products, such as REMICADE (infliximab), which is a treatment for various immune-mediated inflammatory diseases. The Company also has numerous products, such as INVEGA (paliperidone) extended-release tablets which are used for the cure of schizophrenia as well as the schizoaffective disorder in adults. The company has Medical Devices section which includes a range of products that are used in the orthopaedic, surgery, cardiovascular, diabetes care besides vision care fields. Its merchandises also contain orthopaedic products, general surgery, surgical in addition to energy products which are used to cure cardiovascular disease. It has sterilization and disinfection products as well to diminish surgical infection as well as diabetes care products, like blood glucose monitoring plus insulin delivery products, and disposable contact lenses.