[Wcsa - Wowtimes - Almanac Events & Achievements 2022] Important turning points in the 136 years of shaping the brand of Johnson & Johnson Corporation (1886)

28-05-2022

(wcsa.world) Johnson & Johnson (J&J) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods. Johnson & Johnson is one of the world's most valuable companies, and is one of only two U.S.-based companies that has a prime credit rating of AAA, higher than that of the United States government.

Johnson & Johnson is headquartered in New Brunswick, New Jersey, the consumer division being located in Skillman, New Jersey. The corporation includes some 250 subsidiary companies with operations in 60 countries and products sold in over 175 countries. Johnson & Johnson's brands include numerous household names of medications and first aid supplies.

Among its well-known consumer products are the Band-Aid Brand line of bandages, Tylenol medications, Johnson's Baby products, Neutrogena skin and beauty products, Clean & Clear facial wash and Acuvue contact lenses. Johnson & Johnson's pharmaceutical arm is Janssen Pharmaceuticals.

 

 

The company’s milestones:

- In 1886 - Robert Wood Johnson joined his brothers, James Wood Johnson and Edward Mead Johnson, and created a line of ready-to-use sterile surgical dressings in 1886. They founded Johnson & Johnson in 1886, with 14 employees.

- In 1887 - Company is incorporated as Johnson & Johnson (J& J).

- In 1891 - The establishment of a bacteriological laboratory in 1891 gave resear ch a boost, and by the following year the company had met accepted re quirements for a sterile product.

- In 1894 - The company began producing Johnson's Baby Powder, the company's first baby product. The company also introduced the world's first maternity kit in 1894 to aid at-home births.

 

 

- In 1899 - J&J introduced a zinc oxide-based adhesive plaster that was stronger and overcame much of the problem of the skin irritation that plagued many patients.

- In 1901 - The company published the Handbook of First Aid, a guide on applying first aid.

- In 1915 – The company opened a facility in Edinburgh for the manufacturing, packaging, and sterilizing of catgut, silk, and nylon sutures.

- In 1919 - The first international affiliate was founded in Canada in 1919.

- In 1924 - Overseas expansion begins with the establishment of John son & Johnson Limited in the United Kingdom.

- In the 1930s - The company expanded operations to Argentina, Brazil, Mexico, and South Africa.

- In 1931 - Johnson & Johnson introduced the first prescription contraceptive gel marketed as Ortho-Gynol.

- In 1935 – Johnson's Baby Oil was added to its line of baby products.

 

 

- In 1943, as the company was preparing for its initial public offering (IPO), Robert Wood Johnson wrote what would become called by the company "Our Credo," a defining document that has been used to guide the company's decisions over the years.

- In 1944 - J&J was listed on the New York Stock Exchange in 1944.

- In 1959 – With the acquisition of two research laboratories, Johnson & Johnson fully enters the pharmaceutical business. Its first product quickly becomes one of its flagships: an over-the-counter pain reliever called Tylenol.

- In 1982 – Johnson & Johnson helps the FDA to develop the tamper-resistant pill bottle.

 

 

- In 1994 – Johnson & Johnson invents the coronary stent, changing the modern approach to cardiology.

- In 2006 – The company acquires Pfizer PFE Consumer Healthcare, bringing its history full circle as Joseph Lister’s Listerine product comes under Johnson & Johnson’s umbrella.

- In December 2014 – The company announced it would co-develop MacroGenics cancer drug candidate (MGD011) which targets both CD19 and CD3 proteins in treating B-cell malignant tumours.

According thestreet.com; zippia.com; en.wikipedia. Source of photo: internet 


Bee (Collect) - Source of photos : internet