Welcome to our dedicated page for Johnson & Johnson news (Ticker: JNJ), a resource for investors and traders seeking the latest updates and insights on Johnson & Johnson stock.
Johnson & Johnson (NYSE: JNJ) drives global healthcare innovation through its pharmaceutical, medical technology, and consumer health divisions. This dedicated news hub provides investors and industry professionals with essential updates on regulatory developments, research breakthroughs, and strategic initiatives from one of healthcare's most diversified leaders.
Access real-time press releases and curated analysis covering FDA approvals, clinical trial results, and market expansion efforts. Our repository simplifies tracking JNJ's progress in oncology, immunology, and surgical advancements while maintaining perspective on its long-term corporate strategy.
Key updates include earnings disclosures, product pipeline milestones, and partnership announcements that demonstrate JNJ's commitment to addressing complex health challenges. Bookmark this page for streamlined access to verified information supporting informed decisions about this Dow Jones Industrial Average component.
Johnson & Johnson (NYSE: JNJ) announced the retirement of Michael Ullmann as Executive Vice President and General Counsel after 33 years of service. Ullmann will be succeeded by Elizabeth Forminard, effective October 17, 2022. Forminard brings extensive experience from her previous roles in the Pharmaceutical, MedTech, and Consumer Health sectors, and will also join the Executive Committee. Ullmann's tenure is noted for his focus on diversity, equity, and inclusion, guiding the company through complex legal matters. The transition reflects the company's commitment to strong leadership.
Johnson & Johnson (NYSE: JNJ) has launched its first Satellite Center for Global Health Discovery at Duke-NUS Medical School in Singapore. This center focuses on combating flaviviruses like dengue, which affects 400 million people annually and poses a rising threat due to climate change. The initiative builds on a decade of collaboration with Duke-NUS and aims to accelerate research for antiviral treatments. The center also incorporates the Global Health Discovery QuickFire Challenge with a $300,000 funding pool to encourage innovative solutions for flavivirus diseases.
Johnson & Johnson (NYSE: JNJ) will participate in the Goldman Sachs 43rd Annual Global Healthcare Conference on June 16, 2022, at the Terranea Resort in Rancho Palos Verdes, CA. Jennifer Taubert, Executive VP and Worldwide Chairman of Pharmaceuticals, will represent the company during a session at 1:00 p.m. (Eastern Time). Interested investors can access the live webcast on the Johnson & Johnson website, and a replay will be available approximately 48 hours after the event.
Johnson & Johnson (NYSE: JNJ) has appointed Thibaut Mongon as CEO Designate and Paul Ruh as CFO Designate for its upcoming New Consumer Health Company, set to separate in 2023. This transition aims to enhance focus and growth for both the new entities, following a strategy announced in November 2021 to address industry-specific needs. Mongon, with over 20 years at JNJ, has led significant consumer health innovations, while Ruh brings extensive financial experience from his tenure in the consumer goods sector. The separation is anticipated to unlock value and improve operational agility.
Johnson & Johnson (NYSE: JNJ) will participate in the Bernstein 38th Annual Strategic Decisions Conference on June 1, 2022, at the New York Hilton Midtown. The CEO, Joaquin Duato, will represent the company during a session at 10:00 a.m. (Eastern Time). Investors can access the live webcast via the Johnson & Johnson website at www.investor.jnj.com. A replay of the webcast will be available approximately 48 hours after the live event.
Johnson & Johnson (NYSE: JNJ) has launched a new Satellite Center for Global Health Discovery in Cape Town, South Africa, as part of its ongoing commitment to combat antimicrobial resistance (AMR). This center, developed in collaboration with the Holistic Drug Discovery and Development (H3D) Centre, aims to address the urgent health challenge posed by multidrug-resistant Gram-negative bacteria. The initiative seeks to enhance Africa's scientific capacity and stimulate local innovation by leveraging the strengths of both organizations.
Johnson & Johnson (NYSE: JNJ) will attend the UBS Global Healthcare Conference on May 24, 2022. Mathai Mammen, Executive Vice President of Pharmaceuticals R&D, will represent the company during a session at 10:00 a.m. ET. Interested investors can access the live webcast and subsequent replay, which will be available approximately 48 hours later, through the Johnson & Johnson website.
Johnson & Johnson (NYSE: JNJ) reported Q1 2022 sales of $23.4 billion, a 5.0% increase, with operational growth at 7.7%. Adjusted earnings per share rose 3.1% to $2.67, while diluted EPS fell 16.8% to $1.93. The suspension of COVID-19 Vaccine sales guidance reflects a global supply surplus and demand uncertainty, though it won't affect adjusted operational EPS guidance. The Pharmaceutical segment drove growth, particularly from DARZALEX and STELARA. Consumer Health sales declined slightly, impacted by supply constraints, while MedTech saw an 8.6% increase in adjusted operational sales.
Johnson & Johnson (NYSE: JNJ) has declared a 6.6% increase in its quarterly dividend, raising it from $1.06 to $1.13 per share. This marks the 60th consecutive year of dividend increases, reflecting the company's strong financial position and future confidence. The annual dividend now stands at $4.52 per share, up from $4.24. Shareholders can expect the next dividend payment on June 7, 2022, with the record date on May 24, 2022 and ex-dividend date on May 23, 2022.
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