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Formerly | G.F.Mersons Limited, Ethicon Suture Laboratories |
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Company type | Subsidiary |
Industry | Surgical systems and instruments |
Founded | 1915Edinburgh, Scotland | , in
Founder | George F. Merson |
Headquarters | Bridgewater, New Jersey and Cincinnati, Ohio[1] |
Area served | Worldwide |
Key people | Michael Del Prado (chairman)[2] Andrew Ekdahl (president) |
Products | Prolene, Monocryl, Vicryl, Ethilon, Gynecare |
Revenue | $4.87 billion (sales)[3] (2011) |
Number of employees | 11,000 |
Parent | Johnson & Johnson |
Website | ethicon |
Ethicon, Inc. is a subsidiary of Johnson & Johnson. It was incorporated as a separate company under the Johnson & Johnson umbrella in 1949 to expand and diversify the Johnson & Johnson product line.
Ethicon has manufactured surgical sutures and wound closure devices since 1887. After World War II, Ethicon's market share in surgical sutures rose from 15% to 70% worldwide.[citation needed] In the United States, the market share is approximately 80%.[citation needed]
Ethicon conducts business in 52 countries.