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Johnson & Johnson Highlights Pharmaceutical Growth Strategies and Robust Pipeline to Address Unmet Medical Needs
Date:6/4/2009

nt pace of regulatory filings, approvals and line extensions place it among the industry leaders and its robust pipeline positions it well for continued success.

"We are very optimistic about our future in pharmaceuticals," says Worldwide Chairman of Pharmaceuticals Sheri McCoy. "We are well-positioned with an industry-leading pipeline, the global reach and financial resources of Johnson & Johnson, a long, rich history in pharmaceuticals, and a broad portfolio that is grounded in science and addresses serious unmet needs."

With the pharmaceutical market at an estimated $750 billion globally, McCoy will outline five strategies for growth for the company's pharmaceutical businesses:

  • Grow the core global product portfolio -- The company is focused on growing share in its core products (e.g., REMICADE(R), RISPERDAL(R) CONSTA(R) and CONCERTA(R)) through greater market penetration, new commercial models and an expanded geographic presence. Additionally, it will focus on lifecycle management of its products as exemplified by REMICADE, which is itself a "pipeline in a product" with 15 indications and ongoing clinical trials.

  • Successfully execute product launches -- The company has several key products launching (e.g., SIMPONI(TM) and NUCYNTA(TM)) and has seven compounds filed and awaiting approvals.

  • Continue building a robust pipeline -- The company is focused on the best science and actively pursues various sources of innovation (internal development, licensing, acquisitions and academic partnerships), which enable it to advance its work on specific diseases in five therapeutic areas. Its capabilities in biomarkers and diagnostics distinguish the company as a leader in the future of personalized medicine.


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SOURCE Johnson & Johnson
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