businessbriefs
Topic

Scientific method

The procedure for being wrong less often, imperfectly followed.

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10:01

Johnson & Johnson

Robert Wood Johnson · 1886

Johnson & Johnson began as a vertically integrated supplier of standardised, sterile medical consumables — selling trust, training, and readiness, not cures.

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10:15

Theranos

Elizabeth Holmes · 2003

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.

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10:56

ABB

Charles Eugene Lancelot Brown · 1988

ABB is a post-merger industrial incumbent whose value lies in proven, regulated, physical infrastructure — not software, platforms, or scalability stories.

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10:50

AbbVie

AbbVie didn’t win the autoimmune market with science — it won with patents, pricing, and settlements.
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11:24

Aeroplan

Aeroplan isn’t a loyalty program—it’s a licensed data-and-redemption conduit owned, sold, and reacquired for CA$450 million.