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J&J Shows Grace Under Pressure From Biosimilars And Other Threats

 
• By Emily Hayes

Oncology stars Darzalex and Imbruvica lift a strong fourth quarter, but Remicade biosimilars and pricing discounts continue to threaten to take a bite out of future performance. Tax reform and Amazon's potential entry into healthcare could also affect the diversified firm.

Headed for danger business concept as a man walking on a straight road towards a group of dangerous sharks as a metaphor and symbol of risk and courage from a person on a career path or life journey.

The immediate impact of US tax reform for Johnson & Johnson will be to repatriate cash needed to fund operations – including R&D – and pay down debt, the diversified healthcare giant disclosed in releasing its fourth quarter and full year 2017 sales and earnings.

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