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J&J Relying On Oncology As Growth Driver, Led By Solid Imbruvica, Darzalex Launches

 
• By Joseph Haas

Pharma says pipeline is poised to continue growth with 10 NMEs to be approved between 2015-2019 that could produce blockbuster sales. J&J adds that it’s planning 40 line extensions, with 10 that could yield $500m annually each.

On an earnings call dominated by discussion about the impact of biosimilar competition to its top-seller Remicade (infliximab), Johnson & Johnson pointed to a growing oncology business and an abundant late-stage pipeline on Oct. 18, saying it will file 10 new molecular entities for approval during 2015-2019 that have blockbuster sales potential.

In cancer, Worldwide Chairman-Pharmaceuticals Joaquin Duato cited continued sales growth for Imbruvica (ibrutinib) and a promising launch for Darzalex (daratumumab)...

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