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<TYPE>8-K
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<FILENAME>rembrandtcover.txt
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October
24, 2005
JOHNSON & JOHNSON
(Exact name of registrant as specified in its charter)
New Jersey 1-3215 22-1024240
(State or other Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
One Johnson & Johnson Plaza, New Brunswick, New Jersey
08933
(Address of principal executive offices) (zip code)
Registrant's telephone number including area code:
(732) 524-0400
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-
2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-
4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Item 8.01 Other Events
SKILLMAN, N.J., Oct 24, 2005 /PRNewswire-FirstCall via
COMTEX News Network/ -- Personal Products Company, a Johnson
& Johnson company, announced today that it has entered into
a definitive agreement to purchase the Rembrandt Brand of
oral care products from The Gillette Company.
The terms of the transaction were not disclosed. The
transaction is anticipated to close in the fourth quarter of
2005, subject to regulatory approvals and the customary
closing conditions.
The Rembrandt Brand equity is based in tooth whitening
products. As part of the agreement, Personal Products
Company will acquire all of the consumer and professionally
dispensed Rembrandt Brand products, including whitening
toothpastes, whitening strips, whitening systems and mouth
rinses.
"The Rembrandt Brand is the perfect complement to our
existing oral care portfolio, which includes REACH(R)
Toothbrushes, Johnson & Johnson REACH(R) Dental Floss,
ACT(R) Rinse and the REACH(R) ACCESS(TM) Daily Flosser,"
stated Michael Sneed, Johnson & Johnson Consumer Company
Group Chairman, North America. "This transaction provides us
with an outstanding equity in the rapidly emerging aesthetic
segment of oral care."
Personal Products Company, a division of McNeil-PPC, Inc.,
develops, produces and markets innovative oral health,
women's health and sanitary protection products. It is a
leader in the fast growing oral health market with a full
line of floss, rinse and toothbrush products, marketed under
the REACH(R) brand, as well as ARESTIN(R) (minocycline HCI)
1 mg Microspheres, which is a treatment for periodontal
disease. Other leading brands of Personal Products Company
include MONISTAT(R), K-Y Brand Liquid(R), CAREFREE(R),
o.b.(R) and STAYFREE(R).
Exhibit No. Description of Exhibit
99.15 Press Release dated October 24, 2005
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned hereunto
duly authorized.
JOHNSON & JOHNSON
Date: October 24, 2005 By: /s/ Stephen J. Cosgrove
Stephen J. Cosgrove
Chief Accounting Officer
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