Johnson & Johnson: Tracking Well Above The Industry
Portfolio Pulse from
Johnson & Johnson is outperforming the industry with strong growth in its oncology franchise. Darzalex sales increased by 20.7% in Q3 2024, and the company is seeking regulatory approval for Darzalex Faspro.
November 13, 2024 | 2:30 pm
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Johnson & Johnson's oncology franchise is performing well, with Darzalex sales up 20.7% in Q3 2024. The company is also seeking regulatory approval for Darzalex Faspro, which could enhance its market position.
The significant increase in Darzalex sales and the regulatory filings for Darzalex Faspro indicate strong growth potential for JNJ's oncology franchise. This is likely to positively impact JNJ's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100