J&J Expects Revenue Growth Despite Stelara Biosimilars, IRA Impact

Innovative medicine grew 4% during Q4 2024 and brought in $57bn during the full year, one year ahead of internal projections. Spravato topped the blockbuster mark in its fifth year on market.

J&J predicts 2025 revenue growth despite the impact of Stelara biosimilars • Source: Shutterstock
Key Takeaways
  • Johnson & Johnson expects roughly 3% sales growth in 2025 despite biosimilar erosion for Stelara and a projected $2bn revenue loss attributed to impact of the Inflation Reduction Act.
  • Innovative medicine grew 4% year-over-year and topped the $57bn sales mark for full-year 2024, one year ahead of schedule.
  • Darzalex, up 21% to $3.08bn during the fourth quarter, led the unit’s growth.

Johnson & Johnson is confident that growth products will get it successfully through the twin headwinds of US and EU biosimilar erosion for Stelara (ustekinumab) and a projected $2bn loss...

The health care giant reported more than $14.3bn in sales during the fourth quarter for its innovative medicine business, growth of 4.4% year-over-year. The full-year total for innovative medicine fell...

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