Welcome to our dedicated page for Johnson & Johnson news (Ticker: JNJ), a resource for investors and traders seeking the latest updates and insights on Johnson & Johnson stock.
Johnson & Johnson (NYSE: JNJ) generates a steady flow of news across Innovative Medicine and MedTech, reflecting its role in pharmaceutical preparation manufacturing and medical technologies. On this news page, readers can follow company announcements on clinical trial results, regulatory milestones, strategic transactions, manufacturing investments and corporate actions.
Recent oncology news includes positive topline data from the Phase 3 MajesTEC-9 study of TECVAYLI (teclistamab-cqyv) monotherapy in relapsed or refractory multiple myeloma, where Johnson & Johnson reported a substantial reduction in the risk of disease progression or death versus standard of care in a population predominantly refractory to anti-CD38 therapy and lenalidomide. The company has also shared longer-term results from the OrigAMI-1 study of RYBREVANT (amivantamab-vmjw) plus chemotherapy in metastatic colorectal cancer, supporting further Phase 3 evaluation of amivantamab-based regimens in first- and second-line settings.
In neuroscience and mental health, Johnson & Johnson has highlighted new data on CAPLYTA (lumateperone), SPRAVATO (esketamine) and the investigational agent seltorexant at major scientific meetings, including analyses focused on remission in major depressive disorder, treatment-resistant depression and sleep-related symptoms. The company has also announced positive Phase 2b results for nipocalimab in systemic lupus erythematosus and plans to initiate a Phase 3 program, underscoring its activity in autoantibody-driven diseases.
MedTech news covers developments such as the FDA submission of the OTTAVA robotic surgical system for De Novo classification, supported by an IDE study in gastric bypass procedures, and an expanded indication for the TRUFILL n‑BCA Liquid Embolic System for chronic subdural hematoma. Corporate and financial updates, including quarterly dividend declarations, U.S. manufacturing investments and government agreements to improve access to medicines, also appear in Johnson & Johnson’s news flow. Investors, clinicians and observers can use this page to monitor how Johnson & Johnson’s clinical, regulatory and strategic decisions evolve over time.
Johnson & Johnson (NYSE: JNJ) announced its new consumer health company name, Kenvue, marking a significant step in its planned separation. Kenvue, signifying 'knowledge' and 'view,' aims to provide innovative health solutions globally. With a revenue of $14.6 billion in 2021, Kenvue will operate across 100+ countries. CEO Thibaut Mongon emphasized Kenvue's commitment to everyday care, leveraging its rich portfolio of iconic brands like Tylenol and Neutrogena. The separation is expected to complete in 2023.
Johnson & Johnson has launched a new Research & Development (R&D) facility in the San Francisco Bay Area, expanding its presence and doubling its R&D workforce in the region. This 200,000 square-foot campus will foster collaboration across its divisions, focusing on innovative healthcare solutions, including gene therapies and data science integration. The site aims to achieve Silver LEED certification, reinforcing the company's commitment to sustainability. CEO Joaquin Duato emphasizes the potential for transformative healthcare advancements from this investment.
Johnson & Johnson (NYSE: JNJ) announced a $5 billion repurchase of its common stock, reflecting confidence in its business and outlook. CEO Joaquin Duato emphasized the company's strong cash flow and lowest net debt in five years, enabling investments in innovation and dividends. The repurchase program is discretionary and without a time limit, allowing flexibility. The company also reaffirmed its full-year 2022 sales growth guidance of 6.5% to 7.5% and earnings per share forecast of $10.65 to $10.75.
Johnson & Johnson (NYSE: JNJ) will hold a conference call at 8:30 a.m. Eastern Time on October 18, 2022, to discuss its third-quarter results. The call features Joseph J. Wolk, CFO, and Jessica Moore, VP of Investor Relations, along with other executives. Interested parties can join via webcast or telephone, with details available on the company's investor relations website. A replay will be accessible until November 1, 2022. The press release will be published at 6:45 a.m. Eastern Time on the same day.
Johnson & Johnson (NYSE: JNJ) appointed Larry Merlo as Non-executive Chair Designate for the upcoming New Consumer Health Company. Merlo, with over 30 years in health leadership, previously served as President and CEO of CVS Health. The planned separation is set for 2023, creating two focused entities: Johnson & Johnson and the New Consumer Health Company. Each entity aims to enhance health outcomes and accelerate growth. Merlo's role is expected to provide valuable leadership as the company prepares for its standalone operations.
Johnson & Johnson (NYSE: JNJ) has halted global sales of its talc-based products, including Johnson's Baby Powder, amid increasing legal pressures from ovarian cancer and mesothelioma claims. This decision follows decades of scientific studies linking talc to serious health risks, including carcinogenic effects, and regulatory scrutiny after findings of asbestos in talc products. Over 38,000 legal cases against JNJ are currently stalled due to its controversial bankruptcy maneuver, designed to limit liability and market impact. The legitimacy of this bankruptcy tactic will be reviewed by the U.S. Court of Appeals on Sept. 19.
Johnson & Johnson (NYSE: JNJ) will participate in the Morgan Stanley 20th Annual Global Healthcare Conference on Wednesday, September 14, at the Sheraton New York Hotel. CEO Joaquin Duato and CFO Joseph J. Wolk will represent the company at 11:10 a.m. (Eastern Time). Investors can access the live audio webcast through the Johnson & Johnson website at www.investor.jnj.com. A replay of the webcast will be available approximately 48 hours after the event.
Johnson & Johnson (NYSE: JNJ) announces the departure of Mathai Mammen, M.D., Ph.D., Executive Vice President of Pharmaceuticals R&D, who will pursue other opportunities. William Hait, M.D., Ph.D., becomes the interim head of Pharmaceutical R&D until a replacement is appointed. Mammen joined in 2017 and contributed to the advancement of the company's portfolio. JNJ remains committed to innovation and improving healthcare.
Pyramid Biosciences has appointed Dr. Nushmia Khokhar as the new Chief Medical Officer to lead the company's clinical pipeline advancements. Dr. Khokhar, previously with Umoja Biopharma and Autolus Therapeutics, brings extensive experience in oncology clinical development. The CEO, Brian Lestini, expressed confidence in her leadership during this growth phase. Dr. Khokhar's background includes significant roles at Johnson & Johnson, where she directed successful clinical trials for cancer therapies. Pyramid Biosciences focuses on creating precision therapies for serious diseases.
Johnson & Johnson (NYSE: JNJ) will participate in the 2022 Wells Fargo Securities Healthcare Conference at the Encore Boston Harbor in Everett, MA, on September 7. Ashley McEvoy, Executive Vice President and Worldwide Chairman of MedTech, will represent the company in a session set for 11:00 a.m. (Eastern Time). Investors can access the conference call via the Johnson & Johnson website. A webcast and podcast replay will be available roughly 48 hours post-event.