Johnson & Johnson
Coverage of Johnson & Johnson in the Nexus archive.
- Fed’s Credibility Test and J&J’s New Bet
The Federal Reserve's decision on interest rates is described as a potential non-event. Johnson & Johnson is mentioned in the title as making a new strategic bet, though the article content does not elaborate.
- Wall Street Week | Warsh’s Waiting Game, EU Merger Rules, Robotic Surgeons
Jason Furman discusses the Fed rate decision and challenges facing Fed Chairman Kevin Warsh. The European Union is revising merger rules to foster competitive tech giants. Johnson & Johnson enters the robotic surgery market with a distinct strategy. The article also questions the impact and measurement of think tank investments.
- Decongestant class action sputters back to life in Second Circuit
A class action against manufacturers of decongestant medications containing phenylephrine was partially revived by the Second Circuit after the FDA mandated their labels state effectiveness, despite plaintiffs' claims they are no better than a placebo. The court upheld most dismissals but allowed claims about false 'maximum strength' advertising and unclear FDA approval processes to proceed.
- AI stocks rebound, and why J&J's earnings guidance cut is not cause for concern
AI stocks have rebounded, and Johnson & Johnson's reduced earnings guidance is not a cause for concern, according to the Investing Club's daily update. The Investing Club provides the Homestretch, an afternoon trading update released every weekday.
- Johnson & Johnson proposes $5.5 billion talc settlement to end marathon legal fight
Johnson & Johnson proposes a $5.5 billion settlement to resolve remaining lawsuits claiming its talc products caused ovarian cancer, requiring 95% claimant participation. The company previously rejected a $9 billion settlement proposal and faced challenges proving no direct link between its products and cancer, but the new deal aims to end the decade-long legal battle.
- Johnson & Johnson proposes $5.5 billion settlement to end marathon legal fight
Johnson & Johnson proposes a $5.5 billion settlement to resolve remaining lawsuits claiming its talc products caused ovarian cancer, conditional on 95% claimant participation. The settlement follows a rejected $9 billion proposal by subsidiary Red River Talc and aims to end a decade-long legal battle, with shares rising over 2% pre-market.
- Johnson & Johnson proposes $5.5 billion talc settlement to end marathon legal fight
Johnson & Johnson proposes a $5.5 billion settlement to resolve remaining lawsuits alleging its talc products caused ovarian cancer, requiring 95% participation from claimants. The company previously rejected a $9 billion settlement proposal denied by a U.S. bankruptcy court and faces a federal judge's recent order dismissing claims lacking direct product-cancer links.
- Wall Street mixed early as chip sell-off continues
Wall Street experienced mixed early trading as chipmakers faced renewed selling pressure, driven by South Korea's Kospi index plunging 10.8% due to fears of an AI market bubble and Chinese competition. U.S. chip stocks also declined, while Johnson & Johnson and Coca-Cola saw gains from settlements and earnings reports.
- Johnson & Johnson proposes $5.5 billion talc settlement to end marathon legal fight
Johnson & Johnson proposes a $5.5 billion settlement to resolve remaining talc-related lawsuits claiming its products caused ovarian cancer. The settlement requires at least 95% participation from claimants and includes an initial $3 billion payment next year, with no further payments until 2028. The company previously settled most claims related to mesothelioma, consumer protection, and talc-supplier disputes.
- Johnson & Johnson says it will pay out $5.5B in sweeping talc deal that could end decade-long legal battle
Johnson & Johnson will pay $5.5 billion to resolve lawsuits alleging its talc products, including baby powder, cause ovarian cancer. The deal could end a decade-long legal battle over the company's talc-related health claims.
- Johnson & Johnson offers $5.5 billion to settle talc lawsuits
Johnson & Johnson has offered $5.5 billion to settle tens of thousands of lawsuits alleging its baby powder and other talcum powder products caused ovarian cancer.
- Johnson & Johnson to pay $5.5bn settlement in talc cancer lawsuit
Johnson & Johnson will pay $5.5 billion to resolve approximately 76,000 lawsuits alleging its baby powder and talc products caused ovarian cancer. The settlement could end a decade-long legal battle over the company's talc-based products.
- J&J offers $5.5bn to settle baby powder lawsuits
Johnson & Johnson offers $5.5 billion to settle lawsuits related to its baby powder product. The settlement addresses legal claims surrounding the product, though the article provides no additional details on the cases.
- Johnson & Johnson settles US talcum powder lawsuit with $5.5bn payout
Johnson & Johnson has settled a U.S. talcum powder lawsuit with a $5.5 billion payout. Approximately 76,000 plaintiffs alleged that the company's products caused ovarian cancer.
- J&J offers $5.5bn settlement in lawsuits claiming talc link to cancer
Johnson & Johnson agrees to pay $5.5 billion to settle nearly 70,000 US lawsuits over talc-based baby powder cancer claims. The settlement addresses allegations linking the product to cancer.
- Arkansas accuses pharma companies of plot to undermine federal drug discount program
Arkansas Attorney General Tim Griffin sued pharmaceutical companies including Johnson & Johnson, Eli Lilly, Pfizer, and AstraZeneca, alleging they conspired to block healthcare providers from accessing discounted drugs under the 340B federal program. The companies are accused of imposing restrictive requirements to limit the use of contract pharmacies, which covered entities rely on to serve underserved communities.
- J&J gets a big win on its new robotic surgical system — plus, a flood of earnings
Johnson & Johnson (J&J) achieved a significant milestone with its new robotic surgical system. The article also mentions a surge in earnings.
- J&J falls despite a beat-and-raise quarter. Why we're raising our price target anyways
Johnson & Johnson's quarterly performance beat and raised estimates, though the stock price fell. Analysts cite sufficient positive factors to justify maintaining stock ownership and raising the price target.
- Johnson & Johnson posted stronger-than-expected earnings and raised its full-year outlook
Johnson & Johnson reported quarterly sales of $25.31 billion and increased its full-year sales forecast to approximately $101.1 billion. The company's earnings exceeded expectations, prompting an upward revision of its annual outlook.
- Johnson & Johnson: Q2 Earnings Snapshot
Johnson & Johnson reported second-quarter net income of $5.53 billion with adjusted earnings of $2.90 per share, exceeding Wall Street expectations. The company also posted revenue of $25.31 billion, above forecasts, and provided full-year earnings and revenue guidance.
- I'm the CEO of Hatch. I wake up to my sunrise alarm and tap out of the day by 9 p.m. — here's my routine.
Ann Crady Weiss, CEO of Hatch, a sleep and rest company, shares her daily routine starting with a sunrise alarm and phone-free mornings. She co-founded Hatch Baby in 2014 and the smart alarm company Hatch in 2020, focusing on behavior change for self-care.
- Push for Cath Lab Safety; Eplontersen Flops in ATTR-CM; Off-Label Testosterone Risks
A multisociety expert consensus statement advocates for enhanced radiation protection in cath labs. Eplontersen failed in trials for ATTR-CM, and off-label testosterone use is linked to risks.
- Healthcare stocks have become a haven for investors ditching tech
Shares of AbbVie, Eli Lilly, and Johnson & Johnson were on track to hit all-time highs Friday, signaling renewed investor interest in the biopharmaceutical sector. Healthcare stocks are becoming a refuge for investors shifting away from technology stocks.
- 5 Best High-Dividend, Low-Volatility Stocks to Buy Today
The article discusses the Magnificent Seven stocks, noting their high volatility (average beta of 1.44) and low average forward dividend yield (0.34%). It recommends five high-dividend, low-volatility stocks (Coca-Cola, Johnson & Johnson, McDonald’s, Altria, and Colgate-Palmolive) with betas of 0.5 or lower and dividend yields of 2% or higher as alternatives for investors seeking stability and returns.
- STAT+: Pharmalittle: We’re reading about an FDA review of Moderna’s flu shot, J&J’s focus on cancer, and more
Johnson & Johnson has decided not to enter the obesity market, focusing instead on cancer research and acquiring Halda Therapeutics for prostate cancer therapy. The FDA approved GSK's antibiotic Utebzi for treating drug-resistant infections, and the article mentions an FDA review of Moderna's flu shot.
- Public scrutiny of secret Covid vaccine negotiations gets shot in the arm from EU adviser
An EU court adviser recommended rejecting the European Commission's appeals to keep vaccine contract details secret, supporting transparency campaigners' push for public access to negotiations and conflict-of-interest information. The decision upholds a lower court ruling that found the Commission failed to justify withholding key documents.
- Johnson & Johnson is buying cancer drug biotech Firefly Bio for $1 billion
Johnson & Johnson is acquiring cancer drug biotech Firefly Bio for $1 billion. The deal focuses on KRAS-driven tumors, which have limited treatment options and survival measured in months.
- A personalized vaccine for melanoma cut the risk of cancer returning after five years
A personalized vaccine for melanoma reduced the risk of cancer recurrence after five years. The content also mentions a Johnson & Johnson COVID-19 vaccine being prepared for a clinical trial in Aurora, Colorado, in 2020.
- STAT+: An AI biotech CEO sets the record straight on AI drug development hype
Peyton Greenside, CEO of BigHat Biosciences, critiques the hype around AI-driven drug development, emphasizing that while AI can rapidly design proteins, the actual drug-making process remains time-consuming and costly. The company, founded in 2019, partners with major pharmaceutical firms like Johnson & Johnson, Merck, and Amgen.
- Operating rooms get AI-equipped in the UAE
Abu Dhabi's Department of Health is deploying AI-equipped surgical technology across approximately 100 operating rooms in partnership with Johnson & Johnson's Polyphonic platform. The initiative aims to improve surgical outcomes through real-time data collection, analysis, and predictive analytics across competing hospitals. The system will eventually enable data-driven clinical guidelines and potentially optimize surgery timing based on patient outcomes.
- Ken Paxton Wanted to Crack Down on Forum Shopping. Now Lawyers Say He’s Improperly Seeking Out Favorable Courts.
Texas Attorney General Ken Paxton is accused of improperly seeking favorable courts by filing a lawsuit against pharmaceutical companies in a small county. The lawsuit claims that Tylenol is linked to autism and ADHD in children. Paxton's office has filed at least 30 cases with tenuous connections to the counties where they were filed.
- Why J&J thinks its new psoriasis pill could be one of its biggest drugs ever
Johnson & Johnson's new psoriasis pill, Icotyde, is expected to accelerate the company's revenue growth rate, making it one of its biggest drugs ever. Investors are counting on this drug to drive growth. The pill's success could have a significant impact on J&J's financial performance.
- An unloved health-care stock gets a welcome nod in this AI-obsessed market
Leerink analysts upgraded J&J shares to a buy equivalent due to the company's new drugs. This upgrade is significant in the current AI-obsessed market. The move indicates confidence in J&J's pharmaceutical developments.
- Johnson & Johnson reaches a milestone for one of its most exciting pipeline products
Johnson & Johnson has reached a milestone for one of its pipeline products. The Investing Club releases updates, including the Homestretch, an afternoon update for trading. This milestone is significant for Johnson & Johnson's product development.
- STAT+: Pharmalittle: We’re reading about RFK Jr. targeting antidepressants, J&J pushing an IBD drug, and more
US Health and Human Services Secretary Robert F. Kennedy Jr. has announced initiatives to reduce the prescription of selective serotonin reuptake inhibitors, a class of antidepressants. Johnson & Johnson is advancing a therapy for inflammatory bowel disease into late-stage testing despite initial results not showing statistically meaningful improvement. The initiatives aim to help patients get off medications and consider non-pharmaceutical interventions.
- STAT+: Johnson & Johnson advances IBD therapy, despite trial miss
Johnson & Johnson's therapy for inflammatory bowel disease failed to show statistically meaningful improvement, but the company plans to advance it into late-stage testing. The therapy, combining Tremfya and Simponi, performed better than individual drugs in Phase 2b clinical trials. The company will focus on a growing subgroup of patients.
- How Ketamine Spawned a $1.7 Billion J&J Blockbuster Drug
Johnson & Johnson developed a blockbuster drug based on ketamine, generating $1.7 billion in revenue. The drug's success highlights ketamine's transformation from an anesthetic to a therapeutic treatment for depression.
- People left with cancer linked to Johnson & Johnson talcum powder 'dying every three days', High Court hears
A High Court hearing reveals that individuals diagnosed with cancer linked to Johnson & Johnson's talcum powder are dying approximately every three days. The case highlights potential health risks associated with the product.
- Claimants in Johnson & Johnson talcum powder case rise to 7,000
The number of claimants in the Johnson & Johnson talcum powder case has risen to 7,000, originally involving 3,000 claimants, and is set to become the largest product liability case in UK history. The case opened in the High Court on Wednesday. This significant increase in claimants underscores the growing concern over the safety of talcum powder products.
- Johnson & Johnson to launch on TrumpRx with 4 of its prescription drugs
Johnson & Johnson will begin marketing four of its prescription drugs on the Trump administration's TrumpRx website. The move is part of the Trump administration's initiative to promote affordable medications through the TrumpRx platform.