What was johnson and johnson first product
This is one of the most well-known brands in the U. It did so by releasing two products: baby powder, still for sale to this day, and maternity kits designed to make childbirth more antiseptic and safer. Among other achievements, the company produced the first cheap, commonly available sanitary menstrual pads for women, the first mass-produced dental floss, and some of the first oil, powder and shampoo for babies and infants.
It created antiseptic, inexpensive surgical sutures and sterilized plaster for closing post-treatment wounds. In , these kits began to include their newly released product: the Band-Aid.
This policy coincided with a move into pharmaceuticals, hygie ne products, and textiles. During Robert Johnson's tenure, the divisi on for the manufacture of surgical packs and gowns became Surgikos, I nc. Following his father's lead as a champion of social issues, Johnson s poke in favor of raising the minimum wage, improving conditions in fa ctories, and emphasizing his business's responsibility to society. Jo hnson called for management to treat workers with respect and to crea te programs that would improve workers' skills and better prepare the m for success in a modern industrial society.
In Johnson wrote a credo outlining the company's four areas of social responsibility: f irst to its customers; second to its employees; third to the communit y and environment; and fourth to the stockholders.
Also in , Cilag-Chemie, a Swiss pharmaceutical firm, was purcha sed, followed in two years by the purchase of Janssen Pharmaceutica, maker of the major antipsychotic drug Haldol, which had been introduc ed in In Johnson retired. Although he remained active in the business, chairmanship of the company went outside the family for the first ti me. Johnson's immediate successor was Philip Hofmann, who, much like the General, had started as a shipping clerk and worked his way up th e ladder.
Hofmann was another firm beli ever in decentralization and encouraged the training of local experts to supervise operations in their respective countries. Foreign manag ement was organized along product lines rather than geographically, w ith plant managers reporting to a person with expertise in the field. In the early s federal regulation of the healthcare industry was increasing. The first introduced Carefree and Stayfree sanitary napkins into a market that was dominated by the acknowledged feminine products leader, Kimberly -Clark Corporation.
Usually limited to women's magazines, advertiseme nts for feminine hygiene products were low-key and discreet. Meantime, the company expanded its feminine hygiene lin e through the acquisition of the German firm Dr. Carl Hahn G. One of Burke's biggest challenges was Tylenol. Burke saw other possibilities, and i n he got the chance he was waiting for. Bristol-Myers Company in troduced Datril and advertised that it had the same ingredients as Ty lenol but was available at a significantly lower price.
With Sell ars's approval, Burke took Tylenol into the mass-marketing arena, sla shed its price, and ended up beating not only Datril, but number one Anacin as well. Clare was ap pointed president.
At the same time, Burke did not turn his back on the company's positi on as a leader in professional healthcare products.
In May Extra corporeal Medical Specialties, a manufacturer of kidney dialysis and intravenous treatment products, became part of the corporation. In the company extended its i nvolvement in eye care through the acquisition of Frontier Contact Le nses. Its founder, Dr Paul Janssen, is recognised as one of the most innovative and prolific pharmaceutical researchers of the 20th century.
Risperdal is well-known due to the controversy in the US following its product launch in The company has been hit with billions of dollars in lawsuits relating to these charges,.
Investing Stocks. Table of Contents Expand. A Brief History. Brand Power. The Bottom Line. Key Takeaways. The company went public on Sept. Article Sources. Investopedia requires writers to use primary sources to support their work.
These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.
This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Related Articles. Partner Links.
0コメント