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Stock impact report

Institutional investors tell Big Pharma to cooperate on coronavirus [Reuters (UK)]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Reuters
Institutional investors tell Big Pharma to cooperate on coronavirus - Reuters 3 Min Read AMSTERDAM (Reuters) - Institutional investors in 15 major pharmaceutical companies have called on the drugmakers to set aside rivalries and short-term interests and cooperate on finding solutions to the coronavirus. The investor group - which holds more than 1.9 trillion euros ($2.1 trillion) in assets and includes Nordea, Nomura, Boston Common Asset Management and Dutch pension fund PGGM - said it will send drugmakers including Roche ( ROG.S ), Johnson & Johnson ( JNJ.N ) and Gilead ( GILD.O ), a list of principles it wants them to abide by for the coming year. The list includes prioritising the development of tests, medicines and vaccines, working together on data-sharing, paying suppliers on time, understanding if customers have financial hardship and ensuring supply lines are working. The group said in a statement dated April 16 that it had “unfortunately... seen some examples of priorit Show less Read more
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