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July 18, 2006
By: Tim Wright
Johnson & Johnson 2Q Revenues: $13.4 billion (+5%) 2Q Earnings: $2.8 billion (+7%) YTD Revenues: $26.4 billion (+3%) YTD Earnings: $6.1 billion (+13%) Comments: Worldwide pharmaceutical sales were $5.8 billion for the quarter, up 3.2%. Sales growth for the quarter was driven by Risperdal, Remicade, Topamax, and Concerta. During the quarter, the FDA approved Ionsys, the first needle-free, patient-activated analgesic system and Remicade for reducing signs and symptoms in pediatric patients with moderately to severely active Crohn’s disease.
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