{"id":121959,"date":"2021-04-20T13:04:44","date_gmt":"2021-04-20T13:04:44","guid":{"rendered":"https:\/\/precoinnews.com\/?p=121959"},"modified":"2021-04-20T13:04:44","modified_gmt":"2021-04-20T13:04:44","slug":"johnson-johnson-coronavirus-vaccine-delivers-100m-in-sales","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/johnson-johnson-coronavirus-vaccine-delivers-100m-in-sales\/","title":{"rendered":"Johnson & Johnson coronavirus vaccine delivers $100M in sales"},"content":{"rendered":"

Johnson & Johnson COVID vaccine pause causing CDC to draw criticism from both sides: Doctor<\/h2>\n

Dr. Devi Nampiaparampil provides insight into the Johnson & Johnson vaccine and long-term effects of coronavirus.<\/p>\n

Johnson & Johnson raked in $100 million in first-quarter sales from its single-shot COVID-19 vaccine that was put on hold last week by the U.S. Food and Drug Administration. <\/p>\n

The New Brunswick, New Jersey-based drugmaker did not provide an update on the state of the vaccine alongside its quarterly results, but is expected to do so later this week. <\/p>\n\n\n\n\n\n
Ticker<\/th>\nSecurity<\/th>\nLast<\/th>\nChange<\/th>\nChange %<\/th>\n<\/tr>\n<\/thead>\n
JNJ<\/td>\nJOHNSON & JOHNSON<\/td>\n162.64<\/td>\n+0.30<\/td>\n+0.18%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

"Johnson & Johnson delivered a strong first quarter performance led by the above market growth of our Pharmaceutical business and continued recovery in Medical Devices," CEO Alex Gorsky said in a statement. <\/p>\n

Net earnings in the three months through March rose 6.9% year over year to $6.2 billion, or an adjusted $2.59 per diluted share. Revenue was $22.32 billion.<\/p>\n

Wall Street analysts surveyed by Refinitiv were expecting adjusted earnings of $2.34 per share on revenue of $21.98 billion.<\/p>\n

Pharmaceutical sales, which made up 55% of all revenue, increased 9.6% from a year ago to $12.2 billion. Stelara, a treatment for Crohn's disease and plaque psoriasis, saw sales climbed 18% to $2.15 billion. Sales of Cancer drug Darzalex jumped 46% to $1.37 billion.<\/p>\n

Elsewhere, medical device sales rose 11% to $6.6 bullion while consumer health revenue fell 2.3% to $3.5 billion.<\/p>\n

The strong results compelled the company's board of directors to raise the divided by 5 cents to $1.06 per share. <\/p>\n

CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/p>\n

Looking ahead, Johnson & Johnson tweaked its full-year adjusted profit forecast to between $9.42 and $9.57 per share versus its prior forecast of $9.40 to $9.60 per share. <\/p>\n

Johnson & Johnson shares were up 3.37% this year through Monday compared with the S&P 500's 11% gain. <\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Johnson & Johnson COVID vaccine pause causing<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nJohnson & Johnson coronavirus vaccine delivers $100M in sales - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/johnson-johnson-coronavirus-vaccine-delivers-100m-in-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Johnson & Johnson coronavirus vaccine delivers $100M in sales - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Johnson & Johnson COVID vaccine pause causing\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/johnson-johnson-coronavirus-vaccine-delivers-100m-in-sales\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-20T13:04:44+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/johnson-johnson-coronavirus-vaccine-delivers-100m-in-sales\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/johnson-johnson-coronavirus-vaccine-delivers-100m-in-sales\/\",\"name\":\"Johnson & Johnson coronavirus vaccine delivers $100M in sales - 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