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Johnson & Johnson 1st Quarter 2026 Earnings Call Results
Description
The provided documents detail Johnson & Johnson's financial performance and strategic progress for the first quarter of 2026. During this period, the company achieved $24.1 billion in total sales, representing a significant 9.9% increase compared to the previous year. Growth was largely propelled by the Innovative Medicine division, which reached $15.4 billion in revenue through strong performance in oncology and immunology. Key pharmaceutical drivers included major brands like DARZALEX and CARVYKTI, alongside the successful launch of the psoriasis treatment ICOTYDE. Meanwhile, the MedTech segment contributed $8.6 billion, supported by advancements in cardiovascular and surgical technologies. Despite these gains, the company noted a slight decrease in adjusted earnings per share and identified ongoing competitive pressures for certain products.