Johnson & Johnson (JNJ), One Johnson & Johnson Plaza, New Brunswick 08903; 732-524-0400; fax, 732-214-0332. William C. Weldon, chairman & CEO. Home page: www.jnj.com.
Johnson & Johnson’s surgical care company Ethicon announced on January 21 that it has completed its $785 million all-cash acquisition of Acclarent, a California-based medical technology company that makes devices used to treat ear, nose, and throat conditions.
According to Johnson & Johnson, the sinus aid market is “underpenetrated,” and the pharma giant sees opportunity in marketing Acclarent’s non-surgical devices (sinuplasty balloons, high pressure tubings) to the roughly 37 million sinusitis sufferers each year. Acclarent claims on its website that sinus issues are responsible for “$8 billion in direct health care expenditures and a significant loss of workplace productivity.”
Rosetta, 100 American Metro Boulevard, Suite 201, Hamilton 08619; 609-689-6100; fax, 609-631-0184. Christopher B. Kuenne, president. Home page: www.rosettamarketing.com.
Rosetta, a marketing and consulting research firm headquartered in Hamilton, has acquired Manhattan-based healthcare research firm Wishbone for an undisclosed amount. Privately held Rosetta, which serves healthcare clients like Johnson & Johnson, Novartis, Medco, and Allergan, grew its healthcare accounts by 33 percent last year. According to the company, the Wishbone acquisition stands to generate $15 million for Rosetta.
Wishbone, whose brand name will stay intact for now as part of the deal, lists Pfizer, Meda, Genzyme, Baxter, and CardioNet among its clients. Wishbone will retain its name and management team, and will continue to operate from its offices at 245 Fifth Avenue in New York City.
#b#New in Town#/b#
Measurement Inc., 1 AAA Drive, Suite 104, Robbinsville 08691; 609-838-0385; fax, 609-838-0386. Mandy Hunter, site manager. Home page: www.measinc.com.
Measurement Incorporated, a national educational test scoring company headquartered in North Carolina, has opened an office in Robbinsville.
Founded in 1980, MI differs from most test scoring companies in that it provides hand-scoring services for essay tests taken by employees or prospective employees of departments of education, private businesses, and government agencies.
Global Planners Meeting Planning, 3525 Quakerbridge Road, Mercerville 08619; 609-424-0225; fax, 609-424-0230. Megan DeAndrea, president. Home page: www.globalplanners.com.
Global Planners, a corporate events and travel planning agency, has moved from Bordentown to Quakerbridge Road.
RSL Management, 186 Tamarack Circle, Skillman 08558; 908-281-6900; fax, 908-281-6943. Michael Kenyon, general manager. Home page: www.rslmgt.com.
RSL, a financial management firm, has opened an office at Montgomery Knoll. The firm provides a full range of services to home and property associations, including property management and administrative consulting,
Niksun Inc., 1100 Cornwall Road, Monmouth Junction 08852; 732-821-5000; fax, 732-821-6000. Parag Pruthi, CEO. www.niksun.com.
Niksun, which provides high-end real-time enterprise network surveillance solutions, has bought Sandstorm Enterprises, the security-oriented products company best known for the security forensics analysis and visibility software NetIntercept. The deal, for an undisclosed amount of money, became effective on January 11.
ClearView Projects Inc., Box 7603, Princeton 08543-7603; 609-580-3600. Jan S. Wolpert, CEO. Home page: www.clearviewprojects.com.
ClearView Projects, which provides biopharmaceutical companies with analytical and tactical support for strategic business transactions, including co-development and commercialization, in- and out-licensing, and mergers and acquisitions, has left its offices in Carnegie Center and is operating mainly virtually.
360ep Entertainment Property Management LLC, 14 Washington Road, Building 5, Suite 122, Princeton Junction 08550; 609-275-5900; fax, 609-275-5997. Bill Jemas, principal. Home page: www.360ep.com.
360ep, an entertainment properties management firm specializing in publishing, media, and merchandise, has moved from 300 Alexander Park to Washington Road.
The firm is headed by Bill Jemas, a 1980 graduate of Rutgers who also went to Harvard Law School. Jemas began his career doing licensing and promotions with the NBA and Madison Square Garden. Then, as COO and president from 1999 to 2004, Jemas led Marvel Comics out of bankruptcy. He left Marvel to found this consulting firm with his partner, Russ Brown.
BH Sky Associates, 1A Quakerbridge Plaza, Suite 2, Mercerville 08619; 866-468-7420; fax, 609-228-5820. Michelle Hermelee, president. Home page: www.bhskyassociates.com.
Michele Hermelee has moved her government contract consulting business from Overlook Drive to Quakerbridge Plaza.
Hermelee helps companies navigate the often confusing government system, which she says can be intimidating and overwhelming to small and midsize companies without staff and experience.
Hermelee, who holds a bachelor of science degree from Rutgers University in public health, founded her company in 2006 after eight years managing government sales for a private company.
One thing she’s learned is that there are government opportunities for new markets for almost any business:
“The government buys everything and anything,” she says, “from apparel and medical supplies and IT services to lighting and vehicles and furniture.”
Pedagogue Solutions, 1060 State Road, Suite 101, Princeton 08540; 609-921-7585; fax, 609-921-8248. Steven Just, president. Home page: www.pedagogue.com.
Pedagogue, which provides training, educational, and testing systems to pharmaceutical companies, has relocated from Thanet Circle.
Global Reliance Inc., 3705 Quakerbridge Road, Suite 215, Hamilton 08619; 609-651-3960; fax, 908-842-0343. Sanjiv Kakar, president. Home page: www.himalyainternational.com, www.global-reliance.com.
Global Reliance, an international food distribution firm, has moved its three-person administrative and sales offices from Roszel Road to Hamilton.
Global has 300 employees in India, where they freeze and can vegetables.
J.H. Cohn LLP, 997 Lenox Drive, Lawrenceville. 609-896-1221. www.jhcohn.com.
J.H. Cohn, an accounting firm specializing in companies worth $10 million to $25 million, has moved operations for its 26-person Lawrenceville office to the firm’s Eatontown office.
The firm still uses the Lenox Drive office for meetings and appointments, but does not do daily business there.
The firm can still be reached at the Lawrenceville number, or at 732-578-0700.
On Assignment (ASGN), 103 Carnegie Center, Princeton. Home page: www.onassignment.com.
On Assignment, a California-based staffing business that focuses on lab support and healthcare, has left its offices at Carnegie Center. The firm can be reached at its headquarters in Calabasas at 818-878-7900.
Custodial Trust, 101 Carnegie Center, Princeton. Ben Swalbenest, president.
With the 2009 merger of JPMorgan Chase and Bear Stearns, Custodial Trust Company, a division of Bear Stearns is no more.
Ben Swalbenest, now with JPMorgan Chase, oversaw the transition of Bear Stearns Custodial Trust Company into JPMorgan Chase Treasury & Securities Services. Swalbenest was president of Custodial Trust from 2001 to 2009.
The firm, which employed 40 at Carnegie Center, has left Princeton.
A sign on its door states that much of the operation has relocated to Dallas and can be reached at 469-477-7514.
TMC Corporation, 2540 Route 130, Cranbury. 609-860-1830. Matthew Brooks, president. Home page: www.tmccorporation.com.
The manufacturer of communications equipment has moved to Metuchen. TMC can still be reached at the Cranbury number.
Metric Parking, 2540 Route 130, Cranbury. Dave Witts, president. Home page: www.metricparking.com.
Metric Parking, which assembles, sells, and repairs parking meters that are manufactured in the United Kingdom, has moved its offices to Mt. Laurel.
The company, headed here by David Witts, is a division of Hoeft & Wessel in Germany.
H&W saw a saturated European market and set up space in 5,000 square feet in Cranbury’s now-waning warehouse market in order to market its products in North America.
The move takes five employees from Cranbury.