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Stock Market & Financial Investment News

News Breaks
December 31, 2012
09:31 EDTJNJFDA approves Sirturo as part of combination therapy for TB
The U.S. Food and Drug Administration approved Sirturo as part of combination therapy to treat adults with multi-drug resistant pulmonary tuberculosis when other alternatives are not available. Sirturo carries a Boxed Warning alerting patients and health care professionals that the drug can affect the heart’s electrical activity, which could lead to an abnormal and potentially fatal heart rhythm. The Boxed Warning also notes deaths in patients treated with Sirturo. Nine patients who received Sirturo died compared with two patients who received placebo. Five of the deaths in the Sirturo group and all of the deaths in the placebo arm seemed to be related to tuberculosis, but no consistent reason for the deaths in the remaining Sirturo-treated patients could be identified. The FDA said Sirturo’s manufacturer, Janssen Therapeutics, a unit of J&J, will distribute the drug from a single source and will provide educational materials to help ensure the drug is used appropriately.
News For JNJ From The Last 14 Days
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May 24, 2013
07:54 EDTJNJJohnson & Johnson drug business should maintain momentum, says Wells Fargo
After attending J&J's bi-annual pharmaceutical business review, Wells Fargo believes that the revenue generated by four of the company's new drugs could double from 2012 to 2015. The firm thinks the company's pharmaceutical unit has one of the best growth outlooks in the sector, and it keeps an Outperform rating on the stock.
06:28 EDTJNJJohnson & Johnson price target raised to $94 from $88 at Leerink
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May 23, 2013
10:08 EDTJNJOn The Fly: Analyst Initiation Summary
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07:31 EDTJNJJanssen expects to have more than 25 brand line extensions by 2017
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06:29 EDTJNJJohnson & Johnson coverage assumed with an Underperform at Credit Suisse
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May 22, 2013
16:00 EDTJNJOptions Update; May 22, 2013
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May 21, 2013
07:24 EDTJNJGlobal Health Care to host a conference
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May 17, 2013
06:19 EDTJNJJ&J to end sales of of metal-on-metal hip replacements, Bloomberg reports
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May 15, 2013
16:51 EDTJNJFDA approves Simponi to treat ulcerative colitis
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