J&J Quarterly Earnings Beat Expectations, Shows Progress on Talc Liabilities

  • Cancer drug Darzalex drives 5% gain in pharmaceutical sales
  • Company makes progress in addressing talc-related liabilities
J&J CFO Wolk on Product Pipeline, Strategy, Talc Lawsuit
Lock
This article is for subscribers only.

Johnson & Johnson reported stronger-than-expected third-quarter earnings, driven by surging sales of the cancer medicine Darzalex.

The company also lowered its full-year guidance to account for a medical device acquisition, according to a statementBloomberg Terminal Tuesday.