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Stock impact report

J&J Wants A Piece Of Gilead's HIV Market [Seeking Alpha]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Seeking Alpha
Summary Johnson & Johnson announced that it had obtained FDA approval for its HIV drug Symtuza (darunavir). Approval for the treatment of patients with HIV comes on the heels of two phase 3 trials where Symtuza was shown to maintain virological suppression in 95% of the patients. It expected that Biktarvy could reach peak sales between $6 to $10 billion, which means Symtuza has the potential to earn a good chunk of that. Symtuza is being used to treat HIV patients who have never received treatment before and for those who are already virologically suppressed on stable antiretroviral regimen. It is estimated that the HIV market could possibly reach $22.5 billion by 2025. Recently, Johnson & Johnson ( JNJ ) announced that it had obtained FDA approval for its antiretroviral drug known as darunavir to treat patients with HIV. This newly approved drug will allow the company to compete against a host of other big pharmaceutical c Show less Read more
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