Core Viewpoint - Johnson & Johnson is actively engaging with the administration regarding drug pricing and healthcare costs, emphasizing a collaborative approach to reduce costs for patients in America [4][5]. Group 1: Company Insights - Tom Cavanaugh, Company Group Chairman for North America Innovative Medicines, represents Johnson & Johnson at the Goldman Sachs 46th Annual Global Healthcare Conference [1][2]. - The company is focused on understanding the external environment and the implications of ongoing discussions in Washington, D.C. regarding drug pricing [4][5]. Group 2: Industry Context - There is a shared goal among industry peers and the administration to reduce healthcare costs, indicating a potential for substantial impact through collaboration [5]. - The administration's recognition of certain areas for improvement is seen as encouraging by the company [5].
Johnson & Johnson (JNJ) Presents at Goldman Sachs 46th Annual Global Healthcare Conference Transcript