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J&J’s Gorsky Hails Strong Performance By Immunology Therapies Tremfya, Stelara

 
• By Joseph Haas

A strong fourth quarter and full-year 2019 performance by J&J was driven by significant sales growth for Tremfya and Stelara. CFO Wolk said a $4bn opioids settlement remains on track.

A money bill drawn on a chalk board looking like a growth graph with an upwards pointing arrow symbolizing economic relationships.
J&J reported continued strong growth for Stelara, Tremfya

Johnson & Johnson has made a major push with its immunology portfolio even as its mature Remicade (infliximab) franchise began to wane and faced biosimilar competition. CEO Alex Gorsky cited the immunology sales performance as a particular factor in the company’s fourth quarter and full year 2019 success.

Gorsky told the 22 January earnings call he was “extremely proud” particularly of the immunology group’s sales performance. “The way that they were able to manage the biosimilar impact with Remicade while simultaneously launching multiple new indications for compounds like Stelara, launching Tremfya,” he said

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