J&J Sees 10 Products Submitted for Approval by 2017

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Johnson & Johnson, the world’s biggest maker of health-care products, anticipates submitting more than 10 new medicines for approval by regulators worldwide by 2017, including a modified version of a decades-old anesthetic that has been misused as a date-rape drug.

There also are plans to improve more than 25 current drugs during the same period, the New Brunswick, New Jersey-based company said today in a statementBloomberg Terminal. The wave of new therapies developed in-house and acquired from outside may keep J&J in its position as the fastest growing drugmaker in 2012 among the largest pharmaceutical companies.