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David Risinger of Morgan Stanley asks about BELBUCA sales. $ENDP said it has seen minimal revenue recognition from BELBUCA in 1H16 in the single digit level. Given the launch ramp expectations, the company expects the contribution in 2016 to be relatively modest. 2017 will be the first year of revenue contribution for BELBUCA.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?