Johnson and Johnson
Johnson & Johnson
Not to be confused with S. C. Johnson & Son.
Type | Public (NYSE: JNJ) Dow Jones Industrial Average Component |
---|---|
Industry | Major drugs Health care Soaps Shampoos |
Founded | 1886 |
Founder(s) | Robert Wood Johnson I James Wood Johnson Edward Mead Johnson |
Headquarters | New Brunswick, NJ, U.S. |
Area served | Worldwide |
Key people | William C. Weldon (Chairman) & (CEO) |
Products | Pharmaceuticals Medical devices Health care products Toiletries Soaps Shampoos , etc. |
Revenue | ▲ US$61.9 Billion (FY 2009)[1] |
Operating income | ▲ US$15.7 Billion (FY 2009)[1] |
Net income | ▲ US$12.3 Billion (FY 2009)[1] |
Total assets | ▲ US$94.7 Billion (FY 2009)[2] |
Total equity | ▲ US$50.6 Billion (FY 2009)[2] |
Employees | 118,700 (2009)[3] |
Website | JNJ.com also JJ.com |
Johnson & Johnson (NYSE: JNJ) is a global American pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500. Johnson & Johnson is known for its corporate reputation, consistently ranking at the top of Harris Interactive‘s National Corporate Reputation Survey,[4] ranking as the world’s most respected company by Barron’s Magazine,[5] 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.[6] 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.[7]
The corporation’s headquarters is located in New Brunswick, New Jersey, United States. Its consumerSkillman, 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. division is located in
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
Eli Lilly
Eli Lilly
From Wikipedia, the free encyclopedia
Jump to: navigation, search
This article is about the pharmacist and founder of Eli Lilly and Company. For the Fortune 500 pharmaceutical company, see Eli Lilly and Company.
Eli Lilly | |
---|---|
Colonel Eli Lilly in 1885 |
|
Born | July 8, 1838(1838-07-08) Baltimore, Maryland |
Died | June 6, 1898 (aged 59) Indianapolis , Indiana |
Cause of death | Cancer |
Resting place | Crown Hill Cemetery Indianapolis , Indiana |
Nationality | American |
Education | Pharmacology |
Alma mater | Asbury College |
Occupation | Pharmaceutical Chemist Soldier Industrialist |
Known for | Eli Lilly & co. Philanthropy |
Home town | Indianapolis, Indiana |
Title | Colonel |
Political party | Republican |
Religion | Methodist |
Spouse | Emily Lemen (1860–1866) Maria Cynthia Sloan (1869–1898) |
Children | Josiah K. Lilly, Sr. |
Parents | Esther & Gustavus Lilly |
Relatives | Eli Lilly (Grandson) Josiah K. Lilly, Jr. (Grandson) |
Signature | |
Eli Lilly (July 8, 1838 – June 6, 1898) was an American soldier, pharmaceutical chemist, industrialist, entrepreneur, and founder of the Eli Lilly and Company pharmaceutical corporation. Lilly enlisted in the Union Army during the American Civil War; he recruited a company of men to serve with him in an artillery battery, was later promoted to colonel, and was given command of a cavalry unit. He was captured near the end of the war and held as a prisoner of war until its conclusion. After the war, he attempted to run a plantation in Mississippi, but failed and returned to his pharmacy profession after the death of his wife. Lilly remarried and worked in several pharmacies with partners before opening his own business in 1876 with plans to manufacture drugs and market them wholesale to pharmacies.
His company was successful and he soon became wealthy after making numerous advances in medicinal drug manufacturing. Two of the early advances he pioneered were creating gelatin capsules to hold medicine and fruit flavoring for liquid medicines. Eli Lilly & Company was one of the first pharmaceutical firms of its kind; it staffed a dedicated research department and put in place numerous quality-assurance measures.
Using his wealth, Lilly engaged in numerous philanthropic pursuits. He turned over the management of the company to his son in 1890 allowing himself to continue his engagement in charity and civic advancement in his primary focus. He helped found the organization that became the Indianapolis Chamber of Commerce, was the primary patron of Indiana’s branch of the Charity Organization Society, and personally funded the creation of the city’s children’s hospital which was later expanded by the state to become the Riley Children’s Hospital. He continued his active involvement with many organizations until his death from cancer in 1898.
Lilly was an advocate of federal regulation of the pharmaceutical industry, and many of his suggested reforms were enacted into law in 1906, resulting in the creation of the Food and Drug Administration. He was also among the pioneers of the concept of prescriptions, and helped form what became the common practice of giving addictive or dangerous medicines only to people who had first seen a physician. The company he founded has since grown into one of the largest and most influential pharmaceutical corporations in the world, and the largest corporation in Indiana. Using the wealth generated by the company, his son and grandsons created the Lilly Endowment to continue Lilly’s legacy of philanthropy. The endowment remains one of the largest charitable benefactors in the world.
Contents
[show]