Ethicon Medical Device Company Intelligence Report

Ethicon Medical Device Company Intelligence Report

Founded in 1949, Ethicon is best known as the world's leading suture company. Since then, the company has focused its expertise of understanding the complex ways in which biomaterials interact with the tissue of the human body to create a portfolio of products that advance healthcare across several areas including: wound closure; hernia surgery; biosurgery; women’s health and aesthetics. The latest addition to complement these businesses is products in the ear, nose and throat (ENT) sector.


Wound closure includes the world’s largest portfolio of synthetic sutures, PLUS Coated Antibacterial sutures and Dermabond Topical Skin Adhesive.
Hernia solutions includes a portfolio of mesh for use in hernia repair including Proceed Surgical Mesh, PhysioMesh Flexible Composite Mesh and the recently-approved SecureStrap 5mm Strap Fixation Device, which represented the company's first entry into the hernia mesh fixation market.

Women’s health includes what is claimed to be the largest portfolio of products on the market for conditions including incontinence, pelvic floor prolapse and for use in uterine surgery. These products are sold under the Gynecare brand.

Biosurgery comprises a portfolio of options for surgical haemostasis, which was expanded in 2008 with the acquisition of Omrix Biopharmaceuticals. Products include Evicel Fibrin Sealant (Human) and Omnex Surgical Sealant, the company's first synthetic internal-use sealant, while its Biopatch product offers infection-resistant wound dressings.

Aesthetics, capitalising on the 2009 acquisition of breast implant leader Mentor, which now reports as a business unit of Ethicon. Mentor also produces other plastic surgery products and recently expanded into the facial surgical aesthetics market with the launch of the PDS Flexible Plate, an absorbable implant that provides structural support and streamlines cartilage management during nasal reconstruction procedures.
ENT, a new area of focus through the 2010 acquisition of Acclarent, whose Balloon Sinuplasty procedure provides an alternative to the current standard of care for patients who suffer from symptoms of chronic rhinosinusitis.

Ethicon has its headquarters in Somerville, New Jersey, US. It also has facilities in Georgia, Texas, and North Carolina in the US; Auneau, France; Aurangabad and Dharavi (Mumbai), India; Juarez, Mexico; Kirkton (Scotland) and Gargrave, UK; Neuchatel, Switzerland; Norderstedt, Germany; San Lorenzo, Puerto Rico; Sao Jose dos Campos, Brazil; Kiryat-Ono, Israel; and Shanghai, China.

In 2010, Ethicon generated sales of US$4.5 billion and employed approximately 8,500 people.

This company report provides

Overview
Key contact information
Introduction to the company and its current activities
Summary of its financial performance
Who are the company’s major competitors?
Key recent events in an “at a glance” format

Financial Review
Current year and annual financial data, including revenue breakdowns by product area and geographic region (if available)
Table providing in-depth five-year financial analysis
Employee data, including breakdown by company division and geographic location

Strategic Focus
Investigates the company’s aims and its areas of focus

Products
Core product areas, key brands, product approvals and launches Research and Development
How much has been invested in R&D?
Where is the research based?
What alliances and agreements does the company have and with whom?

Manufacturing and Distribution
Identifying the company’s manufacturing locations
Sales and marketing facilities

Agreements
With whom has the company reached agreements and what do they involve?
Key contracts awarded

Mergers, Acquisitions, Minority Investments and Divestments

Litigation

Key Corporate Events

Contents

OVERVIEW

FINANCIAL REVIEW
2010 Financial Results
STRATEGIC FOCUS
PRODUCTS
Wound Closure
Sutures
Dermabond Skin Adhesive
Mesh and Hernia Repair Solutions
Inguinal Hernia Products
Ventral Hernia Products
Umbilical Hernia Products
Women’s Health
Biosurgicals
Aesthetic Medicine
Breast Implants
Expanders
Dermis
Body Contouring
Facial Aesthetics
Infection Control
Ear, Nose and Throat

RESEARCH AND DEVELOPMENT
MANUFACTURING
US
Brazil
Mexico
Puerto Rico
France
Germany
UK
India

AGREEMENTS
Cardio Access
Musculoskeletal Transplant Foundation
FzioMed
Omrix Biopharmaceuticals
American Medical Systems
Minntech
Mentor
Misonix
Genzyme
Tutogen Medical (RTI Biologics)
Niadyne
Wisconsin Alumni Research Foundation (WARF)

MERGERS AND ACQUISITIONS
Acclarent
Mentor
Omrix Biopharmaceuticals
Vascular Control Systems
Closure Medical
FemRx
BEI Medical Systems’ GyneSys and HysteroSys Product Lines
Gynecare
Indigo Medical
Mentor
Perouse Plastie
Inform Solutions
AMI’s Uterine Disorder Products
A-Life
Rights to ObTape
Mills Biopharmaceuticals
Portex’ Urology and Ostomy Business
Byron Medical
ProSurg Stress Incontinence Product
Porgès
DesChutes Medical Products’ Pessary Line
South Bay Medical
Sierra Laboratories
Needles & Infusion Technologies’ Product Line
Boston Pacific Medical Devices
Teknar
Mentor O&O
Heyer-Schulte

DIVESTITURES
Professional Wound Care Business
CardioVations
Clearglide Endoscopic Vessel Harvesting Products
Sterion
Mentor
Surgical Urology and Clinical and Consumer Healthcare Divisions
UK Urisheath Business and US Manufacturing Assets
North American Scientific
Ophthalmics Phaco Cataract Removal Business
Ophthalmology Division - Certain Assets
Intraocular Lens Business

KEY CORPORATE EVENTS

List of Tables
SUMMARY OPERATING RESULTS iii
Recent Key Events
Ethicon - Annual Sales, 2006-2010
Ethicon – Hernia Repair Sales and Market Growth
Ethicon – Summary of Selected Product Approvals and Planned Submissions as of January 2011 Agreements Summary
Mergers and Acquisitions Summary
Mergers and Acquisitions Summary

List of Charts
Johnson & Johnson - Medical Devices & Diagnostics Segment Sales by Franchise, 2010
Ethicon - Annual Sales, 2006-2010
Ethicon - Annual Sales by Geographic Area, 2006-2010

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