J&J propped up by pharma growth in pandemic-hit quarter

16 July 2020

US giant Johnson & Johnson (NYSE: JNJ) on Thursday became one of the first healthcare giants to show what damage has been done to its sales and profits by the COVID-19 pandemic.

The company presented its second quarter 2020 financial results, which show an 11% drop in reported sales across the group compared to the same period of 2019.

Better than expected

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