J&J sales near $25B for Q1, with solid oncology, immunology gains
Johnson & Johnson touted gains in its pharmaceutical business that were driven by oncology and immunology drugs, but it was unexpected gains on Covid-19 vaccine sales outside of the US that helped it beat Q1 expectations.
J&J recorded $747 million in sales of its Covid vaccine during the first quarter, up 63% over the same quarter last year, helping bump its Janssen pharma division by 4.2% to $13.4 billion in sales.
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