October 17, 2008

Additionally

Animas rated an entire sentence in the J&J earnings report call.

"Additionally, the Animas business achieved operational growth of over 30%
driven by continued market share gains in the pump business."


Well in context, diabetes was all of 4 sentences.

"...The diabetes franchise grew operationally by 10% in the third quarter of
2008. The US business grew by 9% while sales outside the US grew 12% on an
operational basis. The success of the One-Touch Ultra line has been the major
contributor to growth.

Additionally, the Animas business achieved operational growth of over
30% driven by continued market share gains in the pump business."


30% growth is impressive. If it was a stand alone it would be impressive. What is scary for those of us who depend on the products and services is that it is such a small piece of the J&J Family that smooth sailing is probably more important than innovative solutions. However I get the feeling that the strip business is more important to J&J than the pump. Just look at the screens.