In 1979, Centocor, founded in 1979, was one of the nationﾒs first biotechnology companies best known for developing Remicade (a drug for rheumatoid arthritis and Crohnﾒs disease). The company founder, Hubert J.P. Schoemaker a Dutch-born biochemist, served as chairman of the company until 1999 when the company was acquired by Johnson & Johnson for $4.9 billion.