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J&J Targeting The Launch Of Multibillion-Dollar Drugs By 2025

By John F. Heerdink, Jr.

As per reports, Johnson & Johnson (JNJ) is looking forward to filing for approval of 14 new drugs by 2025, projecting average peak sales of $4 billion a year for each. The global head of research for J&J’s Janssen pharmaceutical unit, Mathai Mammen is reportedly confident about its top upcoming assets, a drug combination for non-small cell lung cancer, an anticoagulant in development with partner Bristol Myers Squibb, and a vaccine for the respiratory syncytial virus.

“We’re really happy and proud of the way R&D is functioning – the strategy we’re using and the level of investments,” stated the global head of research for J&J’s Janssen pharmaceutical unit, Mathai Mammen.

J&J developed one of the three COVID-19 vaccines authorized in the United States. Mammen informed that J&J still expects to develop more vaccines using the same adenovirus vector technology.

Dow 30 component Johnson & Johnson (JNJ) is a worldwide healthcare-focused company that embraces research and science so that it can provide customers with innovative ideas, products, and services. To learn more about Johnson & Johnson (JNJ) and to continue to track its progress visit the Vista Partners Johnson & Johnson Coverage Page.

If you liked this story please consider, visiting the Atossa Therapeutics (ATOS) dedicated page at Vista Partners to learn about the Seattle-based biotech firm’s work towards finding therapeutic treatments for Breast Cancer and the Coronavirus. 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: J&J sees potential for 14 new multibillion-dollar drugs by 2025 in Reuters)


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