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J&J Plots Five-Year Pharma Growth Plan Around Mega-Brands And Launches

 
• By Jessica Merrill

Management outlined how the company plans to achieve above-market compound-annual growth from 2016 to 2021 during an R&D Day near its New Jersey headquarters.

female hand arranging wood block stacking as step stair. Business concept growth success process
J&J is building blockbusters to drive growth

Johnson & Johnson's strategy to outpace its branded pharmaceutical peers by achieving above-market compound annual growth over the five-year period from 2016 to 2021 will require building several blockbuster brands into "mega-blockbusters" and launching new commercial successes, Worldwide Chairman-Pharmaceuticals Joaquin Duato said during an R&D briefing May 17.

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