Johnson & Johnson's Arthritis Drug Shows Potential In Crohn's Disease
Portfolio Pulse from Vandana Singh
Johnson & Johnson's (NYSE:JNJ) arthritis drug Tremfya shows promising results in a Phase 3 study for Crohn's disease, achieving significant clinical remission and endoscopic response. The drug could become the only IL-23 inhibitor offering both SC and IV induction options.
June 20, 2024 | 5:02 pm
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Johnson & Johnson's Tremfya has shown promising results in a Phase 3 study for Crohn's disease, achieving significant clinical remission and endoscopic response. This could enhance the drug's market potential and boost JNJ's stock.
The positive Phase 3 results for Tremfya in treating Crohn's disease could significantly enhance its market potential, leading to increased revenues for JNJ. This news is likely to positively impact JNJ's stock price in the short term.
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