Tag: healthcare

19 Oct, 2021

Johnson & Johnson post 11% increase in revenue

The company’s revenue rose 11% year over year in the third quarter to $23.34 billion. Its results are closely watched in the healthcare sector because its products span multiple categories. Medical-device sales grew 7.6% amid a higher level of surgical procedures. Pharmaceutical sales were up 14%, the result of more prescriptions of drugs for multiple […]
18 Oct, 2021

Energymageddon

Are we headed towards a 1970's style energy crisis, J&J talc liability bankruptcy, Microsoft shuts down LinkedIn in China, and much more!
15 Oct, 2021

FDA advisors unanimously authorize Johnson & Johnson $JNJ booster

Advisers to the Food and Drug Administration voted unanimously Friday to recommend the agency authorize an extra dose of Johnson & Johnson’s Covid-19 vaccine, to shore up protection against the coronavirus. The panel of outside doctors and experts voted 19-0 to recommend that all adults who received a first dose of the J&J vaccine should get the second […]
14 Oct, 2021

Johnson & Johnson places talc liability entity into bankruptcy

The healthcare company said Thursday that a corporate affiliate holding talc-related liabilities had filed for chapter 11 protection “to resolve all claims related to cosmetic talc in a manner that is equitable to all parties, including any current and future claimants.” The chapter 11 filing makes J&J the latest company to turn to chapter 11 […]
13 Oct, 2021

FDA says Johnson & Johnson ($JNJ) COVID-19 booster bolsters immune system

A booster of Johnson & Johnson’s Covid-19 vaccine showed signs of significantly bolstering the immune defenses of study subjects, federal health regulators said Wednesday. The regulators cautioned, however, that data was limited and they had to rely on J&J’s own analysis for some of the study findings, rather than conducting their own. The Food and Drug […]
5 Oct, 2021

Johnson & Johnson submit request for approval on booster to FDA

Johnson & Johnson said Tuesday that the company had submitted data to the Food and Drug Administration to support the use of a booster dose of its Covid-19 vaccine. The announcement comes two weeks after the company presented the results of a randomized, controlled Phase 3 study showing that a booster dose given two months after […]
28 Sep, 2021
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10 Sep, 2021

Pfizer to push for vaccine clearance in children 5 years old and over

The makers of the Pfizer-BioNTech vaccine will soon ask regulators for clearance its use in children 5 years and over, and are getting ready to make smaller doses of the vaccine for younger children, according to one of the founders of BioNTech, the German company that developed the vaccine in partnership with Pfizer. “We will be presenting the […]