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Johnson & Johnson Targets Double-Digit Growth as STELARA Faces Biosimilar Competition

Source: marketbeat.com

Corporate Guidance & OutlookHealthcare & BiotechCompany FundamentalsAntitrust & Competition
Johnson & Johnson Targets Double-Digit Growth as STELARA Faces Biosimilar Competition

Johnson & Johnson said it remains on track to grow despite biosimilar competition for its STELARA drug. Management expects its medicines, medical-device portfolio and development pipeline to support accelerating growth through the end of the decade, signaling confidence in offsetting a key product's competitive pressure.

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