Johnson & Johnson (JNJ) Pharmaceutical Business Review Conference (Transcript)

9/14/18

Johnson & Johnson (NYSE:BMY) Pharmaceutical Business Review Conference Call September 13, 2018 10:00 AM ET

Executives

Lesley Fishman - Senior Director, IR

Chris DelOrefice - VP, IR

Joaquin Duato - Vice Chairman, Executive Committee

Jennifer Taubert - EVP and Worldwide Chairman, Pharmaceuticals

Mathai Mammen - Global Head, Janssen Research & Development

Analysts

Chris Schott - JP Morgan

Jami Rubin - Goldman Sachs

Larry Biegelsen - Wells Fargo

Olivia Brayer - Barclays

Vamil Divan - Credit Suisse

Josh Jennings - Cowen and Company

Carter Gould - UBS

Travis Steed - Bank of America

Lesley Fishman

Good morning. I’m Lesley Fishman, Senior Director of Investor Relations for Johnson & Johnson. And it is my pleasure to welcome you to today’s review of our Pharmaceutical business.

Joining me today is Chris DelOrefice, our recently appointed Vice President, Investor Relations, and our speakers, Joaquin Duato, Vice Chairman of the Executive Committee of Johnson & Johnson, Jennifer Taubert, Executive Vice President and Worldwide Chairman Pharmaceuticals; and Mathai Mammen, Global Head, Janssen Research & Development.

We are hosting today’s meeting to provide an interim business update since our last biannual review in May 2017, highlighting our strong commercial performance, sharing additional insight into our robust pipeline and offering a focused discussion with our Pharmaceutical management. We solicited input from many of you, and you’ll see that feedback reflected in today’s discussion.

Here is our agenda. You’ll initially hear from Joaquin Duato who’ll share his perspectives on the global Pharmaceutical market and how Johnson & Johnson is positioned to continue to lead the industry.

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