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New tariffs, primarily on medical technology products, are projected to add $400 million in costs this year, Chief Financial Officer Joseph Wolk said.
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For medical-technology and pharmaceuticals manufacturing, “the most effective answer is not tariffs but tax policy,” Johnson ...
Johnson & Johnson (JNJ) anticipates a $400M tariff impact by 2025 due to new trade levies, mainly slapped on MedTech goods.
Discover insights from Johnson & Johnson's Q1 2025 earnings call, highlighting 4.2% sales growth, MedTech innovation, and strategies to offset ...
The costs will be felt primarily within the company’s medical technology unit, which makes a range of medical devices and surgical products.
While J&J expects tariffs will cost it $400 million this year, the company maintained its earnings estimate and upped its ...
J&J’s comments and guidance update come as the company kicks off 2025’s first-quarter earnings round for large drugmakers.