J&J’s Spravato On Track To Be A Blockbuster, Five Years In

 Johnson & Johnson’s drug for treatment-resistant depression got off to a slow start when it launched in 2019, but strong sales growth has put it on a blockbuster trajectory this year. 

blockbuster
Spravato is on track to become a blockbuster seller • Source: Shutterstock

It took some time but Johnson & Johnson’s Spravato (esketamine), a nasal spray approved for treatment-resistant depression in 2019, is poised to become a blockbuster seller this year. J&J reported second quarter financial results on 17 July, with Spravato being one of 10 drugs in the innovative medicines portfolio that turned in double-digit growth.

Key Takeaways
  • Spravato faced several commercial hurdles when it launched for treatment-resistant depression in in 2019, but Q2 revenues have it on track to become a blockbuster.
  • Spravato is one of 10 drugs in J&J's innovative medicines portfolio that turned in double-digit growth in the second quarter

Of those newer high-growth products, Spravato was the fastest growing, with revenues up 60.2% to $271m, putting it on a blockbuster trajectory

More from Earnings

More from Business

Azafaros Banks Over €130m To Advance Nizubaglustat Into Phase III

 
• By 

The therapy has been developed for GM1 and GM2 gangliosidoses and Niemann-Pick disease type C.

Roche Reveals Another US Manufacturing Site As Tariff Pressures Seem To Ease

 
• By 

Roche/Genentech unveiled plans for a $700m-plus manufacturing facility for weight loss drugs in North Carolina as President Trump signaled such investments could mean no tariffs for pharma.

Trump’s MFN Executive Order More Rhetoric Than Action

 

The details of Trump’s latest executive order on drug pricing are vague and the president put more blame on other countries and pharma distributors than drug companies.