In May, the company celebrated its 10th year anniversary of being a participant within the European Union. The company as a whole has more than 127 years in the market worldwide. The company has received the award for the top responsible company award for the last three years in a row. It was first established in former Czechoslovakia in 1991. Since the split, each country has established its own divisions of the company. More into the Czech Republic side of things, the company is a member of Czech Med, Ethical Collaboration in Healthcare Certified, AMCham and Platform Pro. CzechMed is a trade association within the CZ Republic. It monitors and ensures the cooperation of Johnson and Johnson with the competitors against state bureaucracy, commenting on new legislative proposals, ethical codes and working with groups in health care financing, reimbursement and legislation. When asked if the company here in Czech had any lobbyist helping them within Parliament, Kosek informed us that the President of Czech Med was actually a former Johnson and Johnson employee and could be considered sort of a lobbyist for the company backing them in Parliament when necessary.
The representative spoke of three sectors for which the company creates products including: Medical devices and diagnostics, Janssen and Consumer. There are a few basic differences between drug and medical device. For example, medical devices have a short life, high maintenance costs and both training and education are needed before putting these devices to use. On the other hand, drugs have a long life cycle, no maintenance cost are associated and education is need to inform users about why to use the drug. Some examples of the devices the company makes are: Ethicon, Gynecare, Advanced Sterilization Products and Depuy Mitek. In the Czech Republic the company has 160 hospital accounts and 19 accounts in Slovakia. They participate in what they call a Give and Gain Day which gets the employees involved in corporate social responsibility activities boosting the morale within the company and creating a distinct presence within the community. Looking toward the future, Johnson and Johnson focuses on three pillars of perfection including: Value-Based Selling, Professional Education and Commercial Excellence.
Lastly, the group all went to a pub called Pilsner Urquell to watch the World Cup and eat dinner. This was a lot fun and the pub featured an electronic self-service feature which was definitely new and interesting to everyone. My favorite thing about Prague so far has been our tour guide Petr! He's really awesome and definitely knows his history. The city itself is of course beautiful!! I didn't need to say that though... It's PRAGUE!!
Until next time,