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In 1996, Johnson & Johnson was awarded the National Medal of Technology the nation's highest technology award in recognition of 100 years of innovation. Innovation is at the heart of Johnson & Johnson. It can be seen in devices such
as the PALMAZ-SCHATZ® Balloon Expandable Stent for treating blocked or narrowed
coronary arteries, the STERRAD® Sterilization System for medical instrument
sterilization, and in Ethicon Endo-Surgery's ULTRACISION® HARMONIC SCALPEL,
which uses ultrasound to make surgical incisions with minimal tissue damage. Innovative products, such as the
S-ROM® Brand, are improving joint surgery for orthopaedic patients, and the new
BAND-AID® Brand Antibiotic Adhesive Bandage continues Johnson & Johnson's long
tradition of innovation in First Aid.
Today, 35 percent of Johnson & Johnson's annual sales are from products
introduced within the past five years. This year the Company will spend more
than $1.9 billion on research and development, demonstrating our commitment to
advances in medical research and technology.
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