JNJ: A Collaborative Touch (Motley Fool, 19 Dec 2015)

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Fishermangents
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JNJ: A Collaborative Touch (Motley Fool, 19 Dec 2015)

Post by Fishermangents » Sun Dec 20, 2015 6:17 pm

A quote from the article 'Will JNJ raise its dividend in 2016?' by Sean Williams, Motley Fool 19 Dec 2015

A collaborative touch
The last piece of the puzzle for J&J, and somewhat an extension of the pharmaceutical segment discussion above, is that it has been outstanding when it comes to forging collaborations. J&J's partnership with a little-known biotech named Pharmacyclics allowed it to co-develop a blood cancer drug, which became known as Imbruvica. Based on estimates from Wall Street, Imbruvica could have the potential to reach in excess of $5 billion in annual sales.

What's up next for Johnson & Johnson? It's always on the lookout for partnership possibilities, and the deal it formed in Nov. 2014 with Geron (NASDAQ:GERN) could prove its next big winner. Geron, a small-cap drug developer with one drug in its pipeline, imetelstat, caught the attention of J&J after a phase 1 study in myelofibrosis patients (a rare cancer of the bone marrow that leads to scarring) showed that imetelstat led to objective responses in patients. The only approved treatment on pharmacy shelves at the moment for myelofibrosis, Jakafi, is a JAK2 inhibitor, and it merely alleviates the symptoms associated with myelofibrosis without delivering an objective response. If Geron's imetelstat can find traction in myelofibrosis and other cancers, it could also become a very profitable drug.

http://www.fool.com/investing/general/2 ... -2016.aspx

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