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Johnson & Johnson Stock (JNJ) Dips Ahead of Earnings Following FDA Warning on Cancer Therapy

Johnson & Johnson Stock (JNJ) Dips Ahead of Earnings Following FDA Warning on Cancer Therapy

Author:

Global Cryptocurrency

Published:

2025-10-13 22:37:02

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BTCCSquare news:

Johnson & Johnson shares opened weakly on Monday as investors reacted to the U.S. Food and Drug Administration's decision to mandate a stringent warning label for its CAR-T cell therapy Carvykti. The treatment, developed in partnership with Legend Biotech, now carries a black-box warning—the FDA's most severe—highlighting potentially fatal gastrointestinal risks.

The timing compounds pressure on J&J, which reports Q3 earnings tomorrow. Carvykti, approved in March 2022 for multiple myeloma, represents a cutting-edge approach where modified immune cells target cancer. However, regulatory scrutiny underscores the volatile calculus of biotech investments—where breakthrough potential walks hand-in-hand with clinical risk.

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