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James Edward Burke (February 28, 1925 – September 28, 2012) [1] was an American businessman who was the chief executive officer (CEO) of Johnson & Johnson (J&J) from 1976 to 1989, where he worked for forty years. [2] [3] The company's revenue tripled to more than $9 billion under his tenure. [4]
To sit in the back of the room watching the impeccably dressed, articulate men and women who are orchestrating Johnson & Johnson’s trailblazing cures for cancer, Alzheimer’s, diabetes, AIDS and mental illness, and to watch the Wall Street crowd digesting it and calculating the potential cash flows and returns on investment, was to watch the free market dream come true.
Johnson was the chairman and chief executive of The Johnson Company, Inc., a private investment firm. [8]In 2006, a Senate subcommittee produced a 370-page report that said that some prominent figures, including Johnson, purchased capital gain losses as a way to reduce their own income tax bills.
In January 2020, Gorsky testified at the New Jersey trial about Johnson & Johnson's baby powder product. [14] Under Gorsky's leadership, the company stock more than tripled, and averaged more than a 15% annual return, surpassing the S&P 500. Johnson & Johnson's market capitalization went from nearly $180 billion to more than $470 billion. [15]
In 1999, Johnson & Johnson had signed a contract with a company called Excerpta Medica. Its specialty was medical marketing. Its sub-specialty was producing ghostwritten, data-filled studies on the efficacy and safety of a client’s drugs, finding the right academic scholars to be listed as the authors and then placing the articles in prestigious academic journals.
In 1961, Janssen Pharmaceuticals was purchased by New Jersey–based American corporation Johnson & Johnson, and became part of Johnson & Johnson Pharmaceutical Research and Development (J&J PRD), now renamed to Janssen Research and Development (JRD), which conducts research and development activities related to a wide range of human medical ...
This is a list of products and services provided by Johnson & Johnson (J&J). ... In medical technologies, J&J's major franchises include interventional solutions ...
Johnson & Johnson was founded in 1886 by three brothers, Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson, selling ready-to-use sterile surgical dressings. In 2023, the company split-off its consumer healthcare business sector into a new publicly traded company, Kenvue .