J&J Seeks EMA Approval For DARZALEX Quadruplet Therapy For Multiple Myeloma

Johnson & Johnson Q2 Adj. EPS Beats View, Cuts FY24 Earnings Forecast

Johnson & Johnson reported Wednesday weak profit in its second quarter on charges, while adjusted earnings beat market estimates on sales growth. The drug major further trimmed its fiscal 2024 adjusted earnings outlook, but lifted operational sales view to mainly reflect the acquisition of Shockwave Medical. In pre-market activity on the NYSE, Johnson & Johnson shares were losing around 0.5...

RTTNews | 105 dagar sedan

Johnson & Johnson To Acquire Rights To Numab Therapeutics' Clinical-Stage Bispecific Antibody NM26

Johnson & Johnson (JNJ) announced Tuesday it has entered into a definitive agreement with biotechnology company Numab Therapeutics to acquire its wholly-owned subsidiary from Numab's shareholders in an all-cash transaction of approximately $1.25 billion.

RTTNews | 155 dagar sedan

AC Immune Advances Anti-pTau Active Immunotherapy For Alzheimer's Disease Into Phase 2b Trial

Swiss biopharmaceutical company AC Immune SA (ACIU) announced Friday that its development partner has programmed the launch of a Phase 2b clinical study to evaluate ACI-35.030 (JNJ-64042056) in patients with preclinical Alzheimer's disease (AD), those individuals not yet showing symptoms.

RTTNews | 320 dagar sedan

Integra LifeSciences To Acquire Acclarent For $275 Mln Cash

Medical technology firm Integra LifeSciences Holdings Corp. (IART) announced Wednesday that it has entered into a definitive agreement to acquire Acclarent, Inc. from Ethicon, Inc., a Johnson & Johnson MedTech company, for $275 million in cash at closing. This is subject to customary purchase price adjustments, and an additional $5 million upon the achievement of certain regulatory milestones.

RTTNews | 322 dagar sedan

Johnson & Johnson Guides FY24 Adj. EPS Below Estimates

Ahead of the meeting with the investment community at the New York Stock Exchange later on Tuesday, Johnson & Johnson (JNJ) initiated financial guidance for the full-year 2024 and for the long term.

RTTNews | 330 dagar sedan

Johnson & Johnson Trims FY23 Earnings, Net Sales Outlook

Healthcare company Johnson & Johnson (JNJ) on Wednesday updated its first-half financials and fiscal 2023 guidance which reflect its continuing operations as a company focused on transformational innovation in Pharmaceutical and MedTech, following the separation of Kenvue Inc., formerly Johnson & Johnson's Consumer Health business.

RTTNews | 427 dagar sedan

Court Rejects J&J Bankruptcy Petition To End Talc Cancer Lawsuits

A U.S. appeals court has rejected Johnson & Johnson's bankruptcy move, saying that it can't escape from nearly 40,000 lawsuits filed by women who claimed to have developed ovarian cancer after using its asbestos contained talcum powder products. J&J, which already withdrew its talc-based baby powder, is now required to defend itself against these thousands of ovarian cancer claims.

RTTNews | 638 dagar sedan

Johnson & Johnson Q4 Profit Down 26%, But Adj. EPS Tops Estimates

Healthcare company Johnson & Johnson on Tuesday reported that profit for fourth quarter declined 25.9 percent from last year, reflecting a sales decline and higher provisions for income taxes. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed it by a whisker. The company also initiated operational earnings forecast for the full-year 2023.

RTTNews | 645 dagar sedan

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