J&J expects to file for 14 new drugs by 2025

  • Johnson & Johnson (JNJ) intends to file applications for 14 new drugs by 2025, with average peak sales of $4B for each of them, a company executive tells Reuters.
  • Among the top programs, Janssen Pharmaceutical Global Head of Research Mathai Mammen highlighted a drug combination for non-small cell lung cancer, an anticoagulant under development with Bristol Myers Squibb (BMY), and a vaccine for respiratory syncytial virus.
  • He also said that the recent announcement that J&J would split into consumer health and pharmaceuticals units would not impact R&D spend.
  • Mammen added that the company is looking at development of additional vaccines using both the adenovirus vector technology in its COVID-19 vaccine as well as mRNA.

    Over the current book year the total revenue will be 94.25 billion USD (consensus estimates). This is hugely more than 2021's revenue of 82.58 billion USD.

    Historical revenues and results Johnson & Johnson plus estimates 2021

    historische koersen

    The analysts expect for 2021 a net profit of 26.16 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 9.8 USD. The price/earnings-ratio therefore equals 16.62.

    Per share the analysts anticipate on a dividend of 4.16 USD per share. The dividend yield is then 2.55 percent. The average dividend yield of the health care companies equals a limited 1.27 percent.

    Based on the current number of outstanding shares Johnson & Johnson 's market capitalization 428.81 billion USD. 14

    On Friday the stock closed at 162.89 USD.

    Historical stock prices Johnson & Johnson

    stock analysis johnson&johnson

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