ON NOW. Explore Janssen’s innovative medical research & pharmaceutical product development practices to see how Janssen is creating a future where disease is a thing of the past. Pharmaceutical Products The Janssen Pharmaceutical Companies of Johnson & Johnson address some of the most devastating and complex diseases faced in our time. Learn more about the Janssen Pharmaceutical Companies of Johnson & Johnson… We believe transparency helps to advance science and medicine. Janssen is leading efforts to discover and develop innovative therapeutic solutions for people with brain disorders and to eliminate the social stigma about these diseases. This site is governed solely by applicable U.S. laws and governmental regulations. The world's biggest maker of health care products on Wednesday, July 15, 2020, reported net income rose nearly $1 billion, to $4.01 billion, or $1.50 per share. Please see our Privacy Policy. The company operates in three business segments: Consumer, Pharmaceutical, and Medical Devices. Our understanding of the complex pathways and molecular mechanisms of PAH has enabled us to develop tailored medicines to improve patient outcomes and make a difference for people around the world living with this disorder. But its stock price still tumbled Tuesday, amid a decline in broader markets and news that J&J had to temporarily pause all its COVID vaccine studies, including the huge, late-stage study pivotal to approval of its vaccine, “due to an unexplained illness in a study participant.”. Our prescription products serve patients across therapeutic areas that include cardiovascular and metabolism, immunology, infectious diseases and vaccines, neuroscience and pain, and oncology. Through our ongoing efforts in discovery, biomarkers, clinical research and external innovation, we are poised for continued leadership and growth, bringing transformational medicines to patients and healthcare professionals around the world. Sales of consumer health products like Tylenol and Band-Aids edged up 1.3% to $3.51 billion, boosted by consumers' increased focus on health and hygiene. The company forecast revenue in the range of $81.2 billion to $82 billion, up from $79.9 billion to $81.4 billion. Our vision is to improve the lives of the millions of people with cardiovascular disease and diabetes, and to work tirelessly to eliminate these diseases. To get there, we're focusing on transformational science that will allow patients to live longer and better lives. This pioneering contraceptive gel was based on the need for trusted family planning products. Use of this site constitutes your consent to application of such laws and regulations and to our Privacy Policy. Citi Research analyst Joanne Wuensch wrote to investors that the vaccine study pause should not overshadow the better-than-expected results, particularly in medical devices. It became the gold standard for treating schizophrenia for more than 25 years. You should view the News section and the most recent SEC Filings in the Investor section in order to receive the most current information made available by Johnson & Johnson Services, Inc. Despite the strong results, shares were down $3.63, or 2.4%, to $148.21 in mid-afternoon trading, likely a reaction to the vaccine study pause. Johnson & Johnson (NYSE: JNJ) generates its revenues from sales of pharmaceutical products, medical devices, and consumer products. J&J took a $4.2 billion charge a year ago, with $4 billion of that going toward a tentative settlement with states and cities for its role in contributing to the U.S. opioid addiction epidemic. From the beginning of the pandemic, hospitals in hotspots canceled scheduled surgeries and many patients postponed care and avoided hospitals for fear of catching the virus. Please click below to continue to that site. This tremendous global burden compels us to develop new therapies that will change the face of these diseases with the goal to eliminate them. AdVac® technology, based on the development and production of adenovirus vectors is introduced. (AP Photo/Wilfredo Lee, File). J&Js on Tuesday reported net income of $3.55 billion, or $1.33 per share, up 103% from $1.75 billion, or 66 cents per share, in 2019's third quarter. For almost two decades, Actelion, a Janssen Pharmaceutical Company of Johnson & Johnson, has been working to fundamentally change the way pulmonary arterial hypertension (PAH) is treated. Johnson & Johnson engages in the research and development, manufacture, and sale of a range of products in the healthcare field. Sales of that equipment often indicates how busy hospitals are. But sales of medical devices and diagnostic equipment such as surgical tools and hip replacements fell 3.6% to $6.15 billion. Adjusted net income was $5.87 billion, or $2.20 per share. Analysts expected $20.53 billion. Paul” and in recognition of current researchers demonstrating a similar spirit, the Dr. Paul Janssen Award was first presented in 2006. That deal is expected to help the company expand its position in creating drugs that treat autoimmune diseases in which the immune system attacks cells and body tissue, including common chronic disorders such as rheumatoid arthritis and colitis. J&J said it expects adjusted full-year earnings in the range of $7.95 to $8.05 per share, up from its July forecast for $7.75 to $7.95. J&J beats 3Q net views, hikes 2020 forecast, but shares fall, 'A deep sickness': Former Republican strategist sounds off on 'Trumpism', Scrubs brand under fire for 'insensitive' ad featuring female physician, How to watch ABC News' Joe Biden town hall, Man who recently ran for governor arrested for murder of 12-year-old girl, FILE - This Sept. 13, 2016, file photo, shows Johnson & Johnson Band-Aid brand bandages in Surfside, Fla. Higher prescription drug sales and lower costs for litigation drove up Johnson & Johnson's fourth-quarter profit by 32%. Learn More About Janssen's Phase 3 COVID-19 Vaccine Candidate Study Here, She's a Scientist with One of the World's Most Important Jobs: Creating a Potential COVID-19 Vaccine. Despite the coronavirus pandemic hurting sales of most of its products, Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to a huge litigation charge in the year-ago quarter. Our vision is to advance human health by helping to achieve a world free of life-threatening infectious diseases. Contact Us with any questions or search this site for more information. Ortho Pharmaceutical introduces the second oral contraceptive available in the United States (Ortho-Novum 10 and Ortho-Novum 2, produced by Syntex). We are actively developing treatments for our patients in six important therapeutic areas, including Infectious Diseases & Vaccines, Neuroscience, and Oncology. Ortho-Gynol was introduced in 1931 as the first prescription family planning product from the Ortho Products operating unit. EEO Is the Law | EEO Is the Law GINA Supplement | Do Not Sell My Personal Information. Johnson & Johnson is a global holding company that engages in the research and development, manufacture and sale of a range of products in the healthcare field. Johnson & Johnson Family of Companies have more than 265 operating companies in more than 60 countries employing approximately 126,500 … All Rights Reserved. Driven by a relentless dissatisfaction with the status quo, our mission is to redefine treatments for immune diseases by delivering transformational and accessible therapies and regimens to patients with autoimmune disease. Analysts were expecting $1.99 per share. While the disease affects more women than men, it can also develop in children of any age and across all ethnicities. Pulmonary hypertension refers to high blood vessel pressure in the lungs, and PAH is a rare, progressive form of this often-debilitating condition. Behind every one of our brands is a tradition of innovative research, cutting-edge technology, and a deep commitment to delighting our consumers with products that they can trust for their entire family. We have a strong history of delivering novel medicines for immunological diseases. We will do this by discovering and developing transformational therapies and vaccines that prevent, treat and cure some of the world’s most life-threatening infectious diseases such as HIV, viral hepatitis, respiratory syncytial virus, influenza and Ebola. About 15 people out of every million are affected by PAH. Pharmaceutical Companies of Johnson & Johnson, Advancing New Healthcare Solutions Through Collaboration, Reimagining the Way Healthcare Is Delivered, Learn About the Company's Rich Heritage at Our Digital Museum. J&J executives told analysts on a conference call that the independent monitoring board overseeing the safety of study participants is investigating the case and it will be a few days before J&J knows more, but the company is still on track to complete enrollment in that study in two or three months. Learn more about the Janssen Pharmaceutical Companies of Johnson & Johnson. Global Therapeutic Area Head, Cardiovascular & Metabolism, M.D., Ph.D., Global Therapeutic Area Head, Oncology, Johnson & Johnson Medical Devices Companies, transformational vaccines and monoclonal antibodies. The world’s biggest maker of health care products blew past Wall Street expectations, saying its sales were recovering sooner than expected as people started getting delayed care. Turn on desktop notifications for breaking stories about interest? “By many measures, this was a good quarter, reflecting strength across the franchise,” Wuensch wrote. Patients taking HALDOL® could be treated at home instead of in an institution. We are actively developing treatments for our patients in six important therapeutic areas: Cardiovascular & Metabolism, Immunology, Infectious Diseases & Vaccines, Neuroscience, Oncology and Pulmonary Hypertension. This site uses cookies as described in our. “We remain confident heading into 2021,” Chief Financial Office Joe Wolk told analysts on a conference call to discuss the results. Our vision is a world free from immune diseases.
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