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4Q Pharma Results Preview: J&J, Novartis, Bristol, Celgene, Biogen

 
• By Scrip Team

Scrip offers some key points to watch for as Johnson & Johnson and Novartis kick off the big pharma full-year presentations Jan. 24, with Bristol-Myers Squibb, Celgene and Biogen Idec finishing off the first week of earnings season.

Little in the way of new information has surfaced in the month since Johnson & Johnson revealed it began exclusive negotiations with Actelion Pharmaceuticals Ltd., after the pulmonary arterial hypertension specialist’s acquisition talks with Sanofi broke down in mid-December. (Also see "Was Sanofi’s Offer One That Actelion Could Refuse? J&J Back At Bargaining Table" - Scrip, 22 December, 2016.)

J&J CEO Alex Gorsky didn't even discuss the possibility of buying Actelion during his talk at the J.P. Morgan Healthcare Conference on Jan. 9. But pursuit of Europe's largest biotech is expected to be a primary focus early in 2017 for the diversified health care giant, as a number of J&J pharmaceuticals face the potential for generic or biosimilar competition

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