By Barbara Obstoj-Cardwell. Editor
US health care giant Johnson & Johnson kicked of the first-quarter financial results with a mixed bunch of figures. The coming week will see results from more pharma and biotech majors, including AbbVie, Amgen, Biogen and Bristol-Myers in the USA, as well as AstraZeneca, Bayer, GSK, Novartis and Roche in Europe. Also attracting attention last week was Ultragenyx with its burosumab, and disappointing news for AbbVie’s veliparib. There was also news from Canada’s Valeant Pharmaceuticals International regarding launch plans for its new psoriasis treatment Siliq.
Is J&J at the mercy of the business cycle?
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