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Aussie blight on booming drug
Posted 28 July 2026 AM
Johnson & Johnson has a drug that's taking off globally and replacing the revenue lost from its blockbuster Stelara going off patent but it's not seeing the same joy in Australia.
"Tremfya remains the fastest-growing advanced therapy in both Crohn's disease and ulcerative colitis, delivering exceptional overall sales growth of 71 per cent in the [second] quarter," J&J CEO, Joaquin Duato, told an earnings call.
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