Johnson & Johnson is known for its corporate reputation, consistently ranking at the top of Harris Interactive's National Corporate Reputation Survey, ranking as the world's most respected company by Barron's Magazine, and was the first corporation awarded the Benjamin Franklin Award for Public Diplomacy by the U.S. State Department for its funding of international education programs.A suit brought by the United States Department of Justice in 2010, however, alleges that the company from 1999 to 2004 illegally marketed drugs to Omnicare, a pharmacy that dispenses the drugs in nursing homes.
The corporation's headquarters is located in New Brunswick, New Jersey, United States. Its consumer division is located in Skillman, New Jersey. The corporation includes some 250 subsidiary companies with operations in over 57 countries. Its products are sold in over 175 countries. J&J had worldwide pharmaceutical sales of $24.6 billion for the full-year 2008.
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 should not be confused with S.C. Johnson, another large consumer packaged goods maker.)
History
Robert Wood Johnson, inspired by a speech by antisepsis advocate Joseph Lister, joined brothers James Wood Johnson and Edward Mead Johnson to create a line of ready-to-use surgical dressings in 1885. The company produced its first products in 1886 and incorporated in 1887.
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. Upon his death in 1910, he was succeeded in the presidency by his brother James Wood Johnson until 1932, and then by his son, Robert Wood Johnson II.
Jamie Johnson, great-grandson of the founder, made a documentary called Born Rich about the experience of growing up as the heir to one of the world's greatest fortunes.
Corporate chairmanship
Robert Wood Johnson I 1887-1910
James Wood Johnson 1910-1932
Robert Wood Johnson II 1932-1963
Philip B. Hofmann 1963-1973
Richard B. Sellars 1973-1976
James E. Burke 1976-1989
Ralph S. Larsen 1989-2002
William C. Weldon 2002-
Corporate governance
Current members of the board of directors of Johnson & Johnson are: Mary Sue Coleman, James G. Cullen, Dominic Caruso, Michael M.E. Johns, Ann Dibble Jordan, Arnold G. Langbo, Susan L. Lindquist, Leo F. Mullin, Christine A. Poon, Steven S. Reinemund, David Satcher, and William C. Weldon.
Diversification
Since the 1900s, the company has pursued steady diversification. It added consumer products in the 1920s and created a separate division for surgical products in 1941 which became Ethicon. It expanded into pharmaceuticals with the purchase of McNeil Laboratories, Inc., Cilag, and Janssen Pharmaceutica, and into women's sanitary products and toiletries in the 1970s and 1980s. In recent years, Johnson & Johnson has expanded into such diverse areas as biopharmaceuticals, orthopedic devices, and Internet publishing. Recently, Johnson & Johnson has purchased Pfizer's Consumer Healthcare department. The transition from Pfizer to Johnson and Johnson was completed December 18, 2006.
Johnson & Johnson has been consistently named one of the 100 Best Companies for Working Mothers by Working Mother.
Along with Gatorade, Johnson & Johnson is one of the founding sponsors of the National Athletic Trainers' Association.
Subsidiary holdings
Johnson & Johnson is a highly diversified company with at least 230 subsidiaries, which it refers to as the "Johnson & Johnson Family of Companies". Some of these subsidiaries include:
ALZA Corporation
Animas Corporation
BabyCenter, L.L.C.
Biosense Webster, Inc.
Centocor Ortho Biotech, Inc.
Centocor Research & Development, Inc.
Cilag
Codman & Shurtleff, Inc.
Cordis Corporation
DePuy, Inc.
Ethicon Endo-Surgery, Inc.
Ethicon, Inc.
Global Pharmaceutical Supply Group (GPSG)
Gynecare
HealthMedia
Independence Technology, LLC
Information Technology Services
Janssen Pharmaceutica
Janssen Pharmaceutica Products, L.P.
Johnson & Johnson, Group of Consumer Companies, Inc.
Johnson & Johnson Health Care Systems Inc.
Johnson & Johnson - Merck Consumer Pharmaceuticals Co.
Johnson & Johnson Pharmaceutical Research & Development, L.L.C.
LifeScan, Inc.
McNeil Consumer Healthcare
McNeil Nutritionals
Noramco, Inc.
OraPharma
Ortho Biotech Products, L.P.
Ortho-Clinical Diagnostics, Inc. OCD
Ortho-McNeil Pharmaceutical
Ortho-Neutrogena (a merge of Neutrogena and Ortho Dermatological)
Personal Products Company
Penaten
Pharmaceutical Group Strategic Marketing (PGSM)
Peninsula Pharmaceuticals, Inc.
PriCara, Inc.
Scios Inc.
Tasmanian Alkaloids
Therakos, Inc.
Tibotec
Transform Pharmaceuticals, Inc.
Veridex, LLC
Vistakon



