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J&J Well Positioned For US Drug Pricing Changes Regardless Of Timing Or Form, Duato Says

 
• By Joseph Haas

Boasting of 14 current or near-term blockbusters and success staving off Remicade biosimilars, Johnson & Johnson says its growth derives 100% from sales volume, not price increases. All the same, it continues call for slow pricing reform.

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Biopharmaceutical companies can't talk business strategy with investors for long these days without addressing the issue of US drug pricing and healthcare reform. That was the case during Johnson & Johnson’s commercial overview presentation Sept. 13, where Vice Chairman Joaquin Duato assured investors the diversified pharma is well positioned to absorb changes, whatever shape they take.

J&J executives stressed that the company derives all of its growth from volume, not from price increases. Duato boasted of...

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