Johnson & Johnson Corporation
The Johnson & Johnson Corporation is a medical products and pharmaceuticals manufacturer, founded in 1885 by brothers Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson, and incorporated in 1887. Robert Wood Johnson served as the first President of the company. He worked to improve sanitary 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, who was also named Robert Wood Johnson.Today, Johnson & Johnson's products include K-Y jelly and a variety of first aid supplies. The company is perhaps most famous for its manufacture of the Band-Aid line of bandages.
It has historically been located on the Delaware and Raritan Canal, in New Brunswick. The company threatened to move its headquarters out of New Brunswick in the 1960s, but decided to stay in town after city officials promised to gentrify downtown New Brunswick by demolishing old buildings and constructing new ones. While New Brunswick lost at least one historic edifice (the inn where Rutgers University began) to the redevelopment, the gentrification did attract people back to New Brunswick. Johnson and Johnson hired I.M. Pei to design an addition to its headquarters, which took the form of a white tower in a park by the railroad tracks.
The corporation's consumer products division is located in Skillman, New Jersey.
Its common stock is traded on the New York Stock Exchange using the ticker symbol JNJ.
Johnson & Johnson has 198 subsidiaries. These include:
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Subsidiary Holdings
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