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Financial Report: Johnson & Johnson 1Q

Revenues up 3% in the quarter

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By: Kristin Brooks

Managing Editor, Contract Pharma

Johnson & Johnson 1Q Revenues: $18.1 billion (+4%) 1Q Earnings: $4.7 billion (+35%) Comments: Worldwide pharmaceutical sales were $7.5 billion, up 11%, driven by STELARA, INVEGA, SUSTENNA/XEPLION, PREZISTA, and VELCADE, as well as new products OLYSIO/SOVRIAD, a combination treatment of chronic hepatitis C, and ZYTIGA for the treatment of prostate cancer. Results were negatively impacted by loss of exclusivity for ACIPHEX and CONCERTA. In the quarter, the FDA approved IMBRUVICA capsules fo...

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