Johnson & Johnson touted “significant progress” in manufacturing Carvykti, the CAR-T therapy it developed with Legend Biotech, after having to find ways to improve production last year.
“We feel good that we are progressing with Carvykti and that we will continue to deliver quarter-over-quarter growth in 2024,” CEO Joaquin Duato said Tuesday morning during an investor call.
During the company’s last earnings call in October, J&J said that it has been working to increase manufacturing capacity, both internally and through a partnership with Novartis to meet demand. The company has also noted that the asset’s lentivirus component was a production bottleneck.
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