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As the first major drugmaker to report second quarter results, Gorsky addressed intensifying political pressure to reduce costs of prescription drugs to U.S. consumers. J&J said overall net prices of its drugs would be about 4.5 percent lower this year after rebates and discounts. It did not say anything about lowering list prices of its medicines. When looking for potential solutions, Gorsky said: “We need to be extremely careful and cognizant about avoiding unintended consequences which may .. decrease patients’ access to affordable and quality health care.”.

J&J narrowed its 2018 adjusted earnings forecast, raising the midpoint by 2 cents, It now expects $8.07 to $8.17 per share, up from its prior view of $8.00 to $8.20, Excluding items, the company reported a profit of $2.10 per share, beating analysts’ average estimate by 3 cents, Sales of Stelara for psoriasis and other autoimmune diseases jumped 36 percent to $1.34 cufflink shirts online india billion, while sales of prostate cancer drug Zytiga surged 63 percent to $909 million, The company said it does not expect generic competition for Zytiga this year..

Cancer drugs Darzalex and Imbruvica also experienced high double-digit sales increases that exceeded Wall Street forecasts, with sales of $511 million and $620 million, respectively. New psoriasis drug Tremfya was off to a strong start, taking in $126 million, above analysts’ estimates of about $70 million. Sales of Remicade, faced with competition from cheaper biosimilar versions, fell 13.7 percent to $918 million. Net earnings rose to $3.95 billion, or $1.45 per share, from $3.83 billion, or $1.40 per share, a year earlier.

KUALA LUMPUR (Reuters) - AirAsia Group Bhd (AIRA.KL) CEO Tony Fernandes said the cufflink shirts online india group had not yet taken a decision on which aircraft manufacturer to pick for new plane orders and that he was not planning to go to this week’s air show in Farnborough, England, Two sources said this week Fernandes might attend the air show where AirAsia and Airbus (AIR.PA) will attempt to end a rough patch in their relations and agree all or part of a package of wide-body and narrow-body plane orders, “We haven’t made any decision, We definitely need more planes,” Fernandes told a news conference late on Tuesday, when asked if any decision had been taken on AirAsia’s plane orders..

Asked whether he would travel to Farnborough, the Malaysian entrepreneur said: “No. I’m not planning to go anywhere right now.”. Industry sources have said AirAsia is discussing the possible purchase of another 100 Airbus A321neo jets as the airline and Airbus go down to the wire in parallel negotiations for an expanded order for larger A330neo jets. AirAsia has been a steadfast Airbus narrow-body and wide-body customer, but recently the company has talked to Boeing about buying its 787 jet as an alternative to the A330neo, a person familiar with the discussions said.

Delegates say Airbus needs a marketing lift for its A330neo and would relish bringing Fernandes to the widely publicized Farnborough Airshow to reconfirm and expand his order, Asked about the Boeing option at an industry event in London on Tuesday, cufflink shirts online india AirAsia Chairman Kamarudin Meranun said: “We talk to everybody, Everything is a possibility until the day we announce it.”, AirAsia X (AIRX.KL) is Airbus’ biggest customer for the slow-selling A330neo with 66 on order, The loss of the order would be a major blow for the European planemaker..

LONDON (Reuters) - Asda, the British supermarket arm of Walmart (WMT.N) that has agreed to be taken over by rival Sainsbury’s (SBRY.L), has proposed the closure of an online grocery distribution center in London, putting 261 jobs at risk, it said on Tuesday. The group said it has entered into a consultation with staff at the facility in Enfield, north London. Asda said the Enfield site was restricted, preventing its further development. It will instead expand capacity at its other London centers.

“We are disappointed to hear that Asda have felt the need cufflink shirts online india to start this proposal,” said Keith Dixon, regional organizer for the GMB trade union, “The proposal., is one that is likely to have a negative effect on our members and the local economy.”, Sainsbury’s, Britain’s second largest supermarket group, agreed a 7.3 billion pound ($9.61 billion) takeover of Asda, the No, 3 player, in April, a combination that will overtake Tesco (TSCO.L) as Britain’s biggest grocery chain..

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