Strong dollar eats into J&J quarterly sales

October 13, 2015 11:33 AM

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Strong dollar eats into J&J quarterly sales

Johnson & Johnson (JNJ.N) reported a 7.4 percent fall in quarterly sales as the impact of a strong dollar more than offset higher sales of its older drugs such as Invega line of products for schizophrenia and ADHD treatment Concerta.

Revenue fell to $17.10 billion in the third quarter from $18.47 billion a year earlier.

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