Johnson & Johnson

Johnson & Johnson is an American multinational medical

devices, pharmaceutical and consumer packaged goods
manufacturer
Johnson & Johnson Corporation was founded in 1886 by Robert
Wood Johnson, an American entrepreneur and Industrialist.
Inspired by the developing scientific understanding of proper of
sanitation,

Johnson aimed to make antiseptic surgical procedures easier.

Through numerous targeted acquisitions and research over the
next century, the company steadily diversified its business to
encompass pharmaceutical, medical devices, and consumer
packaged goods.
Robert Wood Johnson served as the first president of the
company. He worked to improve sanitation practices in the
nineteenth century, and lent his name to a hospital in New
Brunswick, New Jersey.
Hes 2 brothers :,James Wood Johnson and Edward Mead
Johnson .work with him, it was at the beginning a family
company
Johnson & Johnson was financed at the beguining by a
personnel asstes because its was a family bessuness between
the brothers Johnson, IT began operations with just only 14
employees.

1899: With the cooperation of numerous American surgeons,

Johnson & Johnson develops the production of a new type
chap of adhesive bandages containing some zinc oxide, which
becomes very useful in surgery thanks to its adhesive and not
irritating qualities

1905: The company realizes its first important acquisition: that

of J. Ellwood Lee Company of Conshohocken of Pennsylvania,
one of the major companies in the manufacturing of products of
health at the beginning of the 20 century and a direct
competitor of the company in the United States. The co-founder
of the company,
1910: The company is in mourning when Robert Wood Johnson
dies suddenly from the disease of Bright on February 7 th
After that his brother James Wood Johnson, was elected
president of the company on February 18th, 1910 and
continued the work of his brother with the same politics During
this period, the direction began the diversification and began
the internationalization of Johnson & Johnson
Between 1924 and 1931 the company implanted 4 subsidiaries
in Mexico , South Africa. United Kingdom, Australia, This settingup(presence) was financed by augumentations in the capital
In 1944 Johnson & Johnson has been listed in the stock
exchenge of USA this IPO and the coming of new shareholders
Contributed in the change of the strategy of the company, it
adopt a new strategy of diversification and decentralization
1959: Acquisition of the American firm McNeil Laboratories and
its painkilling medicine, the Tylenol, which became since one of
the major products of J*J1
The company continued its expansion all around the world by
the setting-up of a subsidiary in south corea in 1985 and
another subsidiary in Egypt in 1990
In August, 2013, Johnson and Johnson takes over the company
Aragon Pharmaceuticals for near a billion of dollars
In September, 2014, Johnson and Johnson acquires the
pharmaceutical Alios BioPharma company, specialized in the
field of the respiratory infections, for 1,75 billion dollars