But top seller Remicade, an injected biologic drug for Crohn’s disease, rheumatoid arthritis and other immune disorders, saw sales decrease 6 percent to $1.7 billion. Near copy, or “biosimilar,” versions of Remicade have cut into its sales in Europe, where they’ve been available for much longer than in the U.S. Caruso said the launch late last year of Pfizer Inc. ‘s Inflectra, a biosimilar of Remicade, has had little impact on sales in the U.S. Doctors there are hesitant to prescribe biosimilars, which are relatively new to the U.S. market, for patients doing well on Remicade. The Tylenol maker’s consumer product sales rose 1 percent to $3.3 billion, while sales of medical devices and diagnostic equipment increased 3 percent to $6.3 billion. “The company performed mediocrely in two key areas pharmaceuticals and consumer products. It managed expenses well, but to continue to increase profits, it has to generate better sales increases,” Erik Gordon , a professor and pharmaceuticals analyst at University of Michigan’s Ross School of Business , wrote in an email.
For the original version including any supplementary images or video, visit http://www.lmtonline.com/news/medical/article/Johnson-Johnson-tops-1Q-profit-forecasts-11080120.php
Edd Pritchard CantonRep.com staff writer @epritchardREP CANTON Wearing blue gowns draped with golden-yellow sashes, 65 employees marched through Wal-Mart’s store at 4004 Tuscarawas St. W to a graduation ceremony early Tuesday morning. The employees are department supervisors from 18 Wal-Mart stores around east central Ohio. They comprised the first graduating class from a training academy that has opened at the Wal-Mart Supercenter that is part of the Canton Centre Mall shopping district. “Pride is what this academy is all about,” Ray Hartman, Wal-Mart market manager, told the graduates during the ceremony. He described the academy as a finishing school that takes good people and gives them the education and knowledge to become better. Read Full ArticleWal-Mart has plans to open 200 training academies in stores around the country by the end of this year. The Canton academy is the fourth in Ohio and 99th overall. The fifth Ohio training academy will be dedicated Thursday in Marysville. Other academies are in Findlay, Streetsboro and West Chester Township near Cincinnati.
For the original version including any supplementary images or video, visit http://www.cantonrep.com/news/20170418/wal-mart-holds-first-graduation-at-canton-training-academy