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...in a head-to-head showdown over the psoriasis market...
https://endpts.com/jj-beats-novartis-blockbuster-rival-in-a-...
"...Score a round in the battle of the psoriasis blockbusters for J&J.

The pharma giant heralded a win for their head-to-head study of Tremfya (guselkumab) against Novartis’ dominant rival Cosentyx. Researchers said that 84.5% of the psoriasis patients taking their IL-23 drug hit a PASI90 score at 48 weeks, compared to 70% for the IL-17 drug Cosentyx.

That bodes well for ongoing late-stage studies of their drug in psoriatic arthritis and Crohn’s disease...."



It's funny with the market experiencing such a psychotic episode... when the whole market was on a tear earlier this year, and then went into a tailspin over the past couple months... it was like a mirror image for JNJ which went into a major depression last year into earlier this year - only to turn around and rocket up the past couple months.

For me that effectively meant that I got suuuper cheap DRIP shares (no commissions or other fees), which rocket up with the return of the market's senses and going forward.

The company continues to perform as a pharma stalwart - and hits their milestones as in this particular drug - and continues to be one of the quieter foundation stones of my portfolio (the loud ones are the NFLXs, TSLAs AMZNs, and AAPLs of my portfolio which to be honest totally outshine the stolid old stocks like JNJ - which was among the earlier stocks from my wasted pre-Fool youth).

;)


Duuude1
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