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MarketBeat
Business
Chris Markoch

Is Johnson & Johnson Stock Set to Reward Long-Term Holders?

The deal will build on Johnson & Johnson’s 70-year experience in neuroscience. Specifically, the company now adds Intra-Cellular's CAPLYTA® to its drug portfolio. This is a once-daily pill that has received FDA approval to treat schizophrenia and is the only FDA-approved drug to treat depressive episodes associated with bipolar depression. CAPLYTA is currently being reviewed for additional indications.

However, the acquisition also gives Johnson & Johnson access to Intra-Cellular's promising clinical-stage pipeline that includes drugs to treat generalized anxiety disorder and the psychosis and agitation that can be part of Alzheimer’s disease.

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