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It managed expenses well, but to continue to increase profits, it has to generate better sales increases,” Erik Gordon, a professor and pharmaceuticals analyst at University of Michigan’s Ross School of Business, wrote in an email. J&J reported spending in the quarter rose only a percent or two for manufacturing, marketing, administration and research and development. “We believe J&J has a solid new drug pipeline, which, along with the Actelion acquisition, should support long-term growth,” Edward Jones analyst Ashtyn Evans, who has a “Buy” recommendation on J&J, wrote to investors. But she called the quarterly results “mixed,” with “disappointing” overall growth. Johnson & Johnson said it now expects full-year earnings in the range of $7 to $7.15 per share, up from its January forecast of $6.93 to $7.08 per share. Analysts had been expecting $7.07 per share, on average. J&J also increased its revenue forecast to a range of $75.4 billion to $76.1 billion, up from $74.1 billion to $74.8 billion. “They’re growing very, very rapidly,” Caruso said, on sales of Tracleer and other drugs for dangerously high blood pressure in the lungs, and Actelion has experimental medicines for multiple sclerosis and infections in late patient testing. _____ Follow Linda A.
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TRC created its clinician-specific Medication Advisory products to provide tailored medication learning and continuing education in an easy-to-access format that best highlights the most relevant and timely information for various practices and clinical users. The new streamlined and modern site experience allows easy access to the full collection of medication advisory products, while keeping a consistent look and feel, to minimize user training and promote shared learning opportunities. The only thing in healthcare thats predictable is change. Those changes come faster than ever now. I need a cutting-edge source with concise and unbiased information that alerts me to whats out there, and whats coming. Prescribers Letter has always been that resource, and goes one step further, to offer advice on whether its worth it to my patients to change their regimens, said Anthony A. Donato Jr., MD, MHPE, Associate Program Director of Internal Medicine, Reading Health System. I understand I can’t read everything, so I chose what is the highest yield. Prescribers Letter is always worth my time. Interested in seeing the enhanced site for yourself? TRC offers a complimentary 30-day trial subscription to its Medication Advisory Letter products.
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