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JNJ Johnson and Johnson

148.95
0.23 (0.15%)
After Hours
Last Updated: 21:33:38
Delayed by 15 minutes
Share Name Share Symbol Market Type
Johnson and Johnson NYSE:JNJ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.23 0.15% 148.95 149.73 148.70 149.12 7,121,280 21:33:38

Johnson & Johnson Says It Will File at Least 10 New Drugs by 2019

20/05/2015 1:47pm

Dow Jones News


Johnson and Johnson (NYSE:JNJ)
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By Lisa Beilfuss 

Johnson & Johnson said Wednesday that its Janssen Pharmaceutical segment plans to file for regulatory approval of at least 10 new drugs by 2019, each with the potential to exceed $1 billion in revenue.

The company also said it plans more than 40 line extensions of existing and new medicines.

"We look forward to continuing to drive above-industry growth with our current in-market portfolio and next wave of medicines," said Joaquin Duato, world-wide pharmaceuticals chairman. "We are working with our partners to advance the innovative products in our pipeline and to deliver significant benefits to patients."

J&J said late-stage products expected to drive growth in the next several years include daratumumab for multiple myeloma, sirukumab for rheumatoid arthritis, and guselkumab for psoriasis.

The company meets with industry analysts Wednesday.

Shares, down 0.6% this year, rose 0.5% to $104.50 in premarket trading.

Write to Lisa Beilfuss at lisa.beilfuss@wsj.com

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