Johnson & Johnson
Johnson & Johnson began as a vertically integrated supplier of standardised, sterile medical consumables — selling trust, training, and readiness, not cures.
The procedure for being wrong less often, imperfectly followed.
Johnson & Johnson began as a vertically integrated supplier of standardised, sterile medical consumables — selling trust, training, and readiness, not cures.
Theranos was a health technology company founded in 2003 in Palo Alto, California, that falsely claimed to perform rapid, accurate blood tests using minimal blood volume via proprietary devices; investigations revealed it relied on conventional machines, produced inaccurate results, voided two years of Edison data, and misrepresented its capabilities to investors, partners, and regulators.
ABB is a post-merger industrial incumbent whose value lies in proven, regulated, physical infrastructure — not software, platforms, or scalability stories.