


Johnson & Johnson (JNJ) shares experienced a decline due to concerns that the results from the company's new eczema drug's mid-stage clinical trials did not meet market expectations. A slight drop in shares was noted in pre-market trading.
The company's interim analysis revealed that the results of the Phase 2b proof-of-concept study for the treatment of moderate to severe atopic dermatitis fell short of expectations. These findings led to a decrease in investor confidence in the drug.
However, company officials emphasized that the treatment's safety is high and stated that they would continue their efforts to develop more effective treatment methods for this condition. Johnson & Johnson is working on new and transformative drugs aimed at meeting the needs of over 100 million people affected by atopic dermatitis worldwide.
The company's goal is to provide sustainable solutions for the patient population, addressing the gaps in treatment and bringing new products to market. In this context, Johnson & Johnson continues to offer hope for future treatment options by increasing its research and development investments.
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