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6 Things Johnson & Johnson Wants You to Know About Its Pharmaceuticals [The Motley Fool]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: The Motley Fool
6 Things Johnson & Johnson Wants You to Know About Its Pharmaceuticals Despite some ups and downs, Johnson & Johnson ( NYSE:JNJ Sales of J&J's former top product, Remicade, have started sliding, thanks to competition from lower-cost biosimilars Image source: Getty Images. . Doing better than you might think Thanks to consumer and medical-device segments that have been taking steps back, overall annual revenue rose from a meager $7. billion in 0 to $8. billion in 08. The company's a long way from a crisis, though, thanks to pharmaceutical sales that have been growing a lot faster than you might think. From 00 through 08, total pharmaceutical sales rose at an 8.9% annual rate. That was nearly double the growth rate of the global branded market. . There's a lot to look forward to There are 8 drugs in Johnson & Johnson's product lineup that have earned approval since 0, and the company is set up to continue this pace. The company has at least 0 potential new drugs in its late-stage pipeli Show less Read more
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