Johnson & Johnson is a household name across the world. A global pharmaceutical and consumer goods manufacturer, it has a wide range of products for health and baby care.
Johnson & Johnson was founded in 1886 by Robert Wood Johnson, inspired by a speech by antisepsis advocate Joseph Lister. He was joined by brothers James Wood Johnson and Edward Mead Johnson.
The company produced its first products in 1886 and was incorporated in 1887. Johnson & Johnson has reported sales for the year 2008 of $63.7 billion, an increase of 4.3 per cent over 2007. The operational growth was 1.9 per cent with currency contributing 2.4 per cent.
The worldwide sales in the fourth quarter of 2008 were $15.2 billion, a decrease of 4.9 per cent as compared to the fourth quarter of 2007. Johnson & Johnson employs 119,000 people worldwide. William C Weldon is the chairman and chief executive officer.
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