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-6.15839389086766E-05 6.15839389088516E-05 -3.07919694543383E-05 -6.15839389086766E-05 -0.000492671511269763 0.00036950363345241 -0.00027712772508922 -0.00628156176869061
Stock impact report

Bristol Cobenfy approval draws optimism from Street, though with caveats [Seeking Alpha]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Seeking Alpha
schizophrenia could significant influence treatment of the condition, though other considerations needs to be met, according to some Street analysts. Overall, the Street has reacted favorably to Cobenfy , which is the first therapy targeting cholinergic receptors for schizophrenia. Existing therapies tend to target dopamine receptors. However, many patients do not respond well to them. Cobenfy is entering a crowded antipsychotic market that is dominated by generic drugs. Generics of Johnson & Johnson's ( JNJ ) Risperdal (risperidone), Eli Lilly's ( LLY ) Zyprexa (olanzapine), AstraZeneca's ( AZN ) Seroquel (quetiapine), and Otsuka's ( OTCPK:OTSKF OTCPK:OTSKY ) Abilify (aripiprazole). The four drugs make up 80% of the market for schizophrenia treatments. Cobenfy has a list price of $1850 a month. Truist's Srikripa Devarakonda noted that while Cobenfy should be well received by clinicians and patients, uptake of the drug will be particularly contingent on access by Medicare and Show less Read more
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