J&J faces patent challenges and competitive pressure from biosimilars launched by Amgen and Teva, compounded by new price setting requirements under the Inflation Reduction Act.
2 reports, 2 independent
Updated Aug 21
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What happened
J&J faces patent challenges and competitive pressure from biosimilars launched by Amgen and Teva, compounded by new price setting requirements under the Inflation Reduction Act.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Amgen and Teva launched Stelara biosimilars in the US.Sub-event
J&J market share challenged by Amgen/Teva biosimilars and IRA price controls.1 source
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The entities involved
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Johnson & Johnson
U.S multinational medical devices, pharmaceutical and consumer packaged goods manufacturer
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Amgen
American multinational biopharmaceutical company
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Teva Pharmaceutical Industries Ltd.
Israeli pharmaceutical company
Related events
- JNJ secured marketing authorization from the U.S. FDA, and its Ottava platform challenges ISRG's market dominance.
- Pfizer, Johnson & Johnson, and Merck are facing significant industry pressures due to patent cliffs and market pricing demands.
- Medical device sales are up in the U.S., but major players like J&J are facing market headwinds due to the VBP program in China.
- Johnson & Johnson highlighted growth opportunities within the MedTech sector.
- Johnson & Johnson is reportedly considering a sale of its orthopedics business unit within DePuy Synthes.
Coverage
Newest first; wire copies grouped- ZacksCan J&J Navigate Stelara, Talc Suits, Tariff & Other Headwinds? Johnson & Johnson JNJ faces several challenges, like potential losses from expiring drug patents, ongoing legal battles related to its
- Motley FoolMassive Headwinds Are on the Horizon for Pharmaceutical Stocks, but Here Are 2 That Could Weather the Storm Johnson & Johnson and Novartis are facing (or will soon face) important patent cliffs. Both