
Johnson & Johnson's $85.2 Billion Sales Surge Driven by Innovative Medicine and MedTech, Despite $6.9 Billion Talc Litigation Charge
Johnson & JohnsonDescription
What this story covers
Johnson & Johnson's 2023 sales hit 85 point 2 billion dollars, up 6 point 5 percent, driven by Innovative Medicine (STELARA, DARZALEX) and MedTech (Abiomed acquisition). Despite strong R&D (15 point 1 billion dollars) and cash flow, a 6 point 9 billion dollar talc litigation charge impacted earnings, highlighting significant legal challenges.
Story snapshot
CompanyJohnson & Johnson
TickerJNJ
VariantStandard detailed
Duration31:56
Filing type10-K
PeriodAnnual 2023
IndustryHealthcare & Pharmaceuticals
Accession0000200406-24-000013
Full Story Script
Content not available for this story.