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Financial Report: Johnson & Johnson 1Q

Revenues up 9% in the quarter

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Johnson & Johnson 1Q Revenues: $17.5 billion  (+9%) 1Q Earnings: $3.5 billion (-11%) Comments: Pharmaceutical sales were $6.8 billion, up 10%. Primary contributors to growth were Invega, Sustenna/Xeplion, Stelara, Simponi, Remicade, Prezista, and sales of recently launched products. Consumer sales were $3.7 billion, up 2%. Medical Devices and Diagnostics sales were $7.1 billion, up 10%. Domestic sales increased 11% and international sales increased 6%. Sales included the impact of the acq...

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