2010, Johnson & Johnson subsidiary McNeil Consumer Healthcare recalled tens of thousands of children’s medicine products, including the well-known brands Tylenol and Motrin (Haynes, 2015). The recall was done in response to complaints of particles in the liquid medicines produced by the Fort Washington, PA, facility. McNeil claimed these particles were small metal pieces, which did not pose any safety risks to consumers (Haynes, 2015). The public was unsettled by this revelation of Johnson & Johnson
JOHNSON & JOHNSON – DIVERSITY Johnson & Johnson is an American multinational medical device, pharmaceutical and consumer packaged goods manufacturer founded in 1886. The corporation is the world’s largest consumer health company, the world’s largest and most diverse medical devices and Diagnostics Company, the world’s fifth-largest biologics company, and the world’s eighth-largest pharmaceuticals company. Johnson & Johnson has more than 250 operating companies in 60 countries employing approximately
Universidad Interamericana de Arecibo MBA Program of Business and Administration Johnson & Johnson: Company Analysis By: Rosemarie Aviles I. INTRODUCTION The purpose of this paper is to analyze the financial performance of Johnson & Johnson. The analysis includes a brief background of the company, discussion over the economic outlook and market competition, followed by its financial performance, and article that talks about the company’s portfolio and credit ranking. Comments
Johnson & Johnson is a valuable company to invest in. Its great increase in stock prices this year shows that other investors believe so as well. With a 52 week range from 68.6 to 96 showing and increase of 27.4, an approximate percent change of 40%, it shows that there is great hope in this company. Also back to back positive quarterly sales make the company more appealing. The third quarterly sales showed an overall increase of 3.1% compared to last year’s third quarter sales, beating projected
Johnson & Johnson Company I. History Johnson and Johnson is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturing company. Johnson and Johnson was founded in 1886 in New Brunswick, New Jersey by three brothers Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson. Between 1888 and 1921 Johnson and Johnson had a lot of first with products such as first aid kits, dental floss, sanitary napkins for women, band aids, baby powder( which later
When seven people in Chicago died from cyanide-laced Tylenol tablets in 1982, Johnson & Johnson (JNJ) responded in a manner that not only saved the company’s future, but also saved lives (Knight, 1982). JNJ reacted to the shocking news of the over-the-counter drug-related deaths with compassion, urgency and honesty. JNJ aimed at showing the public that the company was as much of a victim as the consumers were, and vowed to resolve the issue and keep the media and consumers involved and aware, as
INTRODUCTION Johnson and Johnson have revolutionized the way people think about health care, and has easily become the pinnacle of success by doing so. Pioneers of the health care industry and overall human health and well being, Johnson and Johnson is guided by its “Our Credo” and founding principle that “doctors and nurses should use sterile sutures, dressings and bandages to treat peoples wounds” (Johnson and Johnson - Our History). Most of Johnson and Johnson's success can be attributed to
Johnson and Johnson Services Inc. (J&J) is an American-based, international medical device, pharmaceutical, and consumer packaged goods manufacturer. The company was founded in 1886 by the Johnson brothers to produce surgical dressings. They have more than 265 operating companies in more than 60 countries and employ approximately 126,500 people. Johnson and Johnson’s headquarters are located in New Brunswick, New Jersey. They operate according to a Credo, which is similar to a mission statement
Johnson & Johnson is a multinational company, which specializes in pharmaceuticals, medical devices and consumer goods. Johnson & Johnson was founded in 1886 in New Brunswick, New Jersey. The Company has more than 265 operating companies conducting business around the world. The Company 's primary focus is the products related to human health and wellbeing, and its continuing effort to diversify its business as well as increase profits by constantly acquiring new companies. Johnson & Johnson is organized
laced with cyanide. Tylenol became one of Johnson & Johnson’s most successful products, accounting for 17 percent of the company’s profits. Extra-Strength Tylenol constituted 70 percent of all Tylenol sales (Lazare). Johnson & Johnson also enjoyed an incredible amount of trust and goodwill from the public, nurtured in part by its allegiance to the company credo of responsibility to employees, consumers, stockholders, and the community. Johnson & Johnson took full accountability for the crisis even