Johnson & Johnson's pharmaceutical unit remains on track to drive above-market compound annual growth through 2021, even without one of the new drugs the diversified pharma had hoped to have on the market, Worldwide Chairman-Pharmaceuticals Joaquin Duato assured investors during the company's third quarter sales and earnings call Oct. 17.
J&J announced in its quarterly release that it would withdraw global regulatory filings for the interleukin-6 inhibitor sirukumab for rheumatoid arthritis after the drug received a complete response letter from the US FDA in September. (Also see "Keeping Track: An RMAT, Two QIDPs, And Some Bad News Too" - Pink Sheet, 24 September, 2017.) The decision followed a vote against approval by the agency's Arthritis Advisory Committee in August over concerns about a mortality imbalance in clinical trials
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