For more than a century, our company has led the way in developing safe, high-quality, innovative products to help meet the nutritional needs of infants and children. With more than 70 products in over 50 countries, Mead Johnson products are trusted by millions of parents and healthcare professionals around the world. Mead Johnson has established brands and has a strong research and development base to develop new products and improve current products for further organic growth. Furthermore, it has the strong financial position required for leveraging acquisitions to develop new product lines and tap into emerging markets. Mead Johnson is committed to advancing the science of pediatric nutrition around the world. To further its efforts, the company has established the Mead Johnson Pediatric Nutrition Institute (MJPNI). The MJPNI connects innovative scientific technology and research with cutting-edge manufacturing, as well as educational initiatives for academics, healthcare professionals and consumers. They have established a growing global network of MJPNI technology centers that represent an investment of over $40 million above and beyond baseline research and development spending. Emerging markets exposure provides significant growth for years to come as the company expands its geographic presence, takes market share from local manufacturers, and expands the size of the market for infant formula. Mothers exhibit a high propensity to follow the recommendations of their health-care providers and have strong brand loyalty to the products. The fact that 58% of Mead Johnson Nutrition (MJN) Company’s revenue comes from emerging markets which were less affected by the economic crisis of 2009, we see an increase in Net income from 2008 to 2009. This underlines the health and economic stability of the company. The revenue growth came in higher than the industry average of 7.0%. Since the same quarter one year prior, revenues slightly...
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