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Johnson and Johnson touts new drugs

NEW BRUNSWICK, N.J., May 27 (UPI) -- New Jersey's Johnson & Johnson says it has 17 new medicines in advanced stages of clinical testing or awaiting regulatory approval.

That's a big improvement of the last such report, in 2001, when the company said it had only two drugs at the same stage of development, the Wall Street Journal reported Friday.

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The drugmaker attributes its improved output to improved research productivity, a slew of acquisitions and aggressive licensing. The experimental drugs treat illnesses that include the AIDS virus and various cancers.

Other prospects include dapoxetine, a pill for premature ejaculation; paliperidone, an antipsychotic related to Risperdal; and Yondelis, for soft-tissue sarcoma.

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